Experts say that the exclusion of micro, small and medium enterprises (MSMEs) from the government's internship scheme is likely to hit job creation and skill development
Read MoreIn India, small businesses face significant safety and data security risks like cyber threats, such as phishing, malware and ransomware
Read MoreThe government should delay implementation and help the industry prepare. Without support, most MSMEs may struggle to comply and be forced to close, says GTRI
Read MoreThe heavy reliance on Chinese imports is eroding the market share and survival of Indian micro, small and medium enterprises (MSMEs)
Read MoreIn India, many women-led MSMEs lack sufficient collateral to secure loans, making it difficult for them to meet the stringent requirements of formal financial institutions
Read MoreMadhya Pradesh has received the highest number of enrolments with 28,98,792 applications under the scheme during the period
Read MoreThe initiative is part of the Reserve Bank of India's (RBI) co-lending framework, which aims to facilitate collaboration between banks and NBFCs to improve credit delivery to underserved sectors
Read MoreFinance minister Nirmala Sitharaman presents the union budget 2024 with record allocations for urban and rural development, industrial expansion and technological innovation
Read MoreThis development comes at a time when unemployment is attributed to be one of the causes of the BJP’s lower-than-expected tally in the recent general elections
Read MoreMSMEs play a big role in creating job opportunities in India, contributing around 29 per cent to the country’s gross value added and approximately 45 per cent to its exports
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