A survey conducted across 540 SMEs by the Firstbiz and Greyhound Knowledge Group in 2016 reports, that over 500 SMEs in this country found ‘lack of easy finance and credit instruments’ to be their most critical challenge.
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Tag: Pradhan Mantri Jan Dhan Yojana
This is how Modi unfolded his masterplan to make India a cashless country
In all this flurry of the government scrapping Rs 500 and Rs 1,000 notes with immediate effect, what most have failed to see is the series of moves that had been leading up to this moment. First, there was the Pradhan Mantri Jan-Dhan Yojana launched on August 28, 2014. The move was essentially to…
Innovative SMEs merit better institutional funding | CRISIL
A joint study by CRISIL and ASSOCHAM of 12,000 CRISIL rated micro enterprises, having a turnover of less than Rs 1 crore each, has found that access to institutional finance remains the biggest hurdle to growth for this segment. With access to institutional finance for meeting working capital nee…