India 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)
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Indian 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
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PayNearby's 'MSME Digital Index 2024' shows 65 per cent of small businesses using digital tools, with a positive impact on operations and sales
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Over 633.9 lakh micro, small and medium enterprises (MSMEs) across India of which more than 99 per cent fall under the micro category
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The 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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The years 2022 and 2023 have been pivotal for SME IPOs in India. There was a noticeable shift towards priority sectors such as agriculture, logistics and infrastructure, and manufacturing, writes Tarun Singh, Founder and Managing Director of Highbrow Securities
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Apprenticeships are a proven pathway for addressing skill deficits and they offer the dual advantage of on-the-job training combined with theoretical knowledge rooted in the core job role, writes Ramesh Alluri Reddy, Chief Executive Officer, TeamLease Degree Apprenticeship
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The bank may function under the hybrid ownership of public-private partnership
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Currently, over 4 crore MSMEs are registered on the Udyam portal and only 1.5 crore have GST registration
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The session focused on gathering vital inputs from representatives of the Micro, Small, and Medium Enterprises (MSME) sector for the forthcoming General Budget 2024-25
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