Overview and Features of the CLCSS Scheme In India, we understand that a lack of funds can sometimes hold back MSMEs, leading them to work with outdated technology. But the CLCSS (full form: Credit Linked Capital Subsidy Scheme) is here to provide upfront capital and financial support subsidies to Small Scale Industries (SSIs) operating in …
Read MoreMicro, small, and medium enterprises (MSMEs play a crucial role in the Indian economy. They contribute significantly to employment generation, innovation, and overall economic growth. However, they often face numerous challenges that hinder their sustainability and growth.Access to funds continues to be a significant challenge for small businesses in the country. A survey by the …
Read MoreWhat is RoDTEP? RoDTEP, full form Remission of Duties and Taxes on Export Products, is an export promotion scheme by the government of India. The scheme became effective from January 1 2021 and aims to offset taxes and duties incurred on exported goods. It helps in reducing the input cost of exported goods, thereby ensuring …
Read MoreIn today’s era of entrepreneurship, where innovation meets passion, the Indian startup ecosystem is generating various creative ideas with a lot of determination. People are now more aware of the benefits of starting their own brand, with social media and TV shows such as Shark Tank boosting entrepreneurship in the country. The government has also …
Read MoreIntroduction Food, shelter, and clothing are the basic needs of human beings in society. In India, with the second-largest population globally, employment opportunities for the masses are paramount. The textile sector is one such sector that can provide employment opportunities to both skilled and unskilled workforce. This is because the textile sector is labour-intensive. Presently, …
Read MoreUdyam Registration Online for MSMEs The Ministry of Micro, Small & Medium Enterprises has launched the Udyam Registration Portal to boost and ease MSME growth in India. It provides all necessary support to MSMEs across the board. The Udyam Registration, also known as an MSME Registration, includes a government sign-off, a Recognition Certificate, and a …
Read MoreLatest News and updates about Pradhan Mantri Kisan Samman Nidhi Yojana 1) “PM Kisan Yojana- 13th instalment Disbursement Rules Made Stringent “ To avoid additional misuse, the Narendra Modi-led administration has tightened the regulations governing the Pradhan Mantri Kisan Yojana. Each beneficiary farmer now complies with the requirement to first confirm the ownership of the …
Read MoreAs business owners, we have various options for getting financial assistance to make sure we have sufficient working capital. To meet the expenses of the day-to-day operations of our business, we require working capital. To meet these business requirements, we should choose the best kind of loan based on the nature of our business. Cash …
Read MoreIntroduction India, the third largest start-up ecosystem, has provided the foundation for many entrepreneurs to fulfill their dream of building something of their own. One doesn’t require higher qualifications from a reputed and, at the same time, expensive institution. We need inspiration, knowledge, hard work, and a little investment. And these are all the simple …
Read MoreIntroduction: Starting a business as a woman can be a difficult task with numerous barriers and challenges to overcome. Women entrepreneurs frequently confront particular problems in the business sector, ranging from a lack of access to capital and networks to discrimination and juggling work and family duties. However, with the correct mindset, techniques, and resources, …
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