Tamil Nadu Small & Tiny Industries Association (TANSTIA) has sought a decrease in interest rates for MSMEs from the forthcoming Budget. The cyclone hit state has urged the government to help tiny industries cope up with the losses incurred by Vardah by way of a single rate of interest, and th…
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Currency Ban Impact | Unbanked villages, SMEs badly hit as currency crisis continues
The lopsided rural-urban spread of ATMs and bank branches has snuffed out economic activity in rural India, with micro, tiny and small enterprises finding it impossible to get cash in 100-rupee notes for their daily operations. Consider this statistic: every bank branch in a rural and semi-urban …