Only 497 start-ups have been set up so far, which, even by the most conservative estimates, is set to be the lowest in the last three years by a huge margin
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Tag: SME News
Airtel Payments Bank looking at SME tie-ups & UPI to boost customer base
The Airtel Payments Bank is reaching out to small and medium enterprises (SMEs) through a salary portal, wherein salary will be directly credited into their bank account
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Nepal PM impressed with Telangana’s start-up incubator; To replicate ‘T-Hub’ in his nation
Nepalese officials and business leaders to visit Telangana and discuss roadmap with state government officials for development of T-Hub like project in Nepal
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Why fintech start-ups are wooing India’s small businesses
Fintechs specializing in micro-financing are gaining the trust of Indian SMEs and MSMEs. Small and medium businesses have thrived in India for decades, specifically empowering smaller towns and cities.
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MSME Ministry gearing up a grievances portal for transparent governance
The portal is expected to build a know-how for the government as to how proactively the ministries and departments are addressing the issues raised by MSMEs
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Ministries’ decision on FDI proposals can’t be over-ridden, DIPP clarifies
The right to reject a foreign direct investment proposal in a sector vests with the designated administrative ministry and not the Department of Industrial Policy & Promotion. This is despite a provision in the rules that states that the DIPP’s “concurrence shall compulsorily be sought’’, a s…
Good News: Govt may soon introduce taxation incentives & a 3-month exit plan for start-ups
MoS for PMO Personnel urges State Governments to encourage new start-ups with “added assistance” and preserve traditional art-forms of region
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NITI Aayog’s 3-year action agenda has potential to trigger development in country: Arun Jaitley
Niti Aayog’s three-year action agenda has the potential to trigger much more economic activity and development in the country than we have today, Finance Minister Arun Jaitley said on August 24. “This publication (three year action agenda) really has the potential for becoming, for those in gover…
NITI Aayog invites applications for Mentor India
Niti Aayog’s Atal Innovation Mission (AIM), the government’s flagship programme to promote innovation and entrepreneurship, is inviting applications for ‘Mentor India’ initiative. Mentor India is as a strategic nation building initiative to engage leaders who can guide and mentor schools students…
Prest Loans expands operations to Rajasthan, targets to disburse Rs 100 cr loans for MSMEs
Prest Loans offers short term or long term loans to Micro, Small or Medium Enterprises (MSMEs) unit according to their eligibility in any kind of business. The Loan tenure is flexible based on the business needs and cash flow analysis.
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