Tag: MSME

BUMSMEs

GST benefits MSMEs via competitions

The Goods and Services Tax (GST) is all set to enhance the competitiveness of the almost five crore Micro, Small and Medium Enterprises (MSMEs) that account for 25% of employment, 40% of industrial output and 45% of exports of the country. This, by making them a part of organised commerce and off…

saving-loan

Why taking an SME loan makes more sense than liquidating your savings?

Small and medium enterprises (SMEs) in India have witnessed tremendous growth over the last few years. The SME sector accounts for more than 95% of establishments in India and is offering 80% of jobs in the manufacturing sector. Considering the pivotal role which the SME sector is playi…