According to the study, about 43 per cent of MSMEs prefer UPI and 38 per cent prefer aadhaar banking for last-mile banking services
Read MoreThe rupee depreciation and spiking freight costs due to logistical challenges worsened the price increase
Read MoreProlonged high rates are likely to weigh on the gross domestic product (GDP) growth this fiscal, according to the report
Read MoreDuring the pandemic, while MSMEs prioritised digitalising their workspaces, in 2024, the focus has moved on to engaging with their customers digitally
Read MoreAs GST continues to evolve, its impact on the Indian economy, particularly on MSMEs, will likely become even more pronounced, writes Amit Prasad
Read MoreAs business operations and compliance increasingly move to digital platforms, women entrepreneurs in rural or underdeveloped areas may face challenges due to limited access to technology and digital literacy, says Nidhi Bhasin, CEO, Nasscom Foundation
Read MoreIndia has more than 70 million micro, small and medium enterprises (MSMEs), creating over 111 million jobs and contributing nearly 30 per cent to gross domestic product (GDP)
Read MoreIndian micro, small and medium enterprises (MSMEs) account for 90 per cent of businesses and over 70 per cent of employment, according to the United States (UN) and are the core business of several economies
Read MoreOver 633.9 lakh micro, small and medium enterprises (MSMEs) across India of which more than 99 per cent fall under the micro category
Read MoreThe Digital Competition Bill (DCB) may create a false sense of "fairness" but will limit choices for small businesses. Experts note that the DCB removes valuable services provided by big platforms
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