Author
The author is a senior correspondent at BW Businessworld
Piyush Goyal calls for deeper integration amongst the member nations to provide honest feedback and help strengthen trade facilitation and cross-border movement of goods
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Amid the ongoing unemployment crisis, experts say that India's gig economy is a significant contributor to job creation, offering supplementary income opportunities, as seen with delivery roles in ecommerce
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Ecommerce exports offer tremendous growth potential for Indian MSMEs, but currently see only 1 per cent engaging in direct exports
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On budget 2024-25, experts say that there is still room for improvement, especially in reducing compliance burdens on MSMEs. Further measures could boost their operational efficiency and growth potential
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Indian MSMEs face regulatory and tax burdens, with high compliance costs and bureaucratic hurdles stifling growth, according to stakeholders
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The economic survey recommends simplifying compliance requirements and providing incentives to help MSMEs grow and create more jobs
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The Rs 277.35 crore Team initiative aims to facilitate onboarding for five lakh micro and small enterprises onto the ONDC by providing financial assistance for onboarding, cataloguing, logistics, packaging materials and design
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The collaboration between Vi Business and PayU aims to provide MSMEs with business and digital payment solutions to expand their reach and access credit facilities
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The MSME sector is projected to reach USD 1 trillion in the next five years with a 7 per cent expected growth in FY24
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While talking to BW Businessworld, experts highlight that there is a need for financial aid to address delayed payments and credit gaps
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