MSME

Ways to Rebuild Small Business after COVID19

The year 2020 did not start on a very good note. Therefore COVID-19 pandemic has weakened our economy very badly but most small businesses. As per the research of National Federation of Independent Business (NFIB) in the earlier period of crisis, 92% of small scale businesses were badly affected by the pandemic and only 5% […]

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Eligibility Criteria for Startup India Scheme

‘Self-made man’ or ‘Entrepreneur’, in almost every business sector new startups are flourishing. To give them enough space to blossom our Prime Minister introduced the Startup India Scheme on 16 January 2016. In the race of becoming a successful businessman, this scheme filled the new entrepreneurs with optimism and assumed to be governmental support to

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MORATORIUM: ADVANTAGES, DISADVANTAGES, RELATED DETAILS FOR MSME LOAN

Moratorium session refers to the period during which you do not have to pay EMI on the loan taken. This span is also known as the EMI holiday. Habitually, such breaks are offered to help individuals facing temporary financial problems to plan their money matters better. With the country being in lockdown to contain the

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MSME Loan: Atmanirbhar Bharat Abhiyan

MSME Loan Under Atmanirbhar Bharat Abhiyan, the minister announced several measures for MSMEs that are expected to help 45 lakh business units to resume operations. Here are the key announcements for MSMEs. Credit guarantee of 3 billion ( 3 Lakh crores) rupees: The highlight of the government’s aid package is the massive increase in credit guarantees

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