Budget 2019: What are small businesses expecting?
The MSME sector has high expectations from the Union Budget 2019. The budget is all set to be presented in the Lok Sabha on Friday, the 5th of July, 2019 at 11:00 AM. MSMEs saw a disappointing turnout...
View ArticleLoans for MSMEs Just Got Cheaper – Thanks to the RBI
The Reserve Bank of India (RBI) just ensured that loans for MSMEs get cheaper by announcing a reduction in repo rates (5.75%). Repo rate is the rate at which the RBI lends money to banks in case of a...
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RBI Panel Recommends Doubling Cap on Collateral Free MSME Loans
Some good mid-week news! An RBI committee for MSMEs recommended doubling the cap on collateral free MSME loans. The committee suggested hiking the ceiling for the loans from INR 10 Lakh to INR 20 Lakh....
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mojoMeets Jaipur Roundup: Sales Strategies to Grow your Business
Does your business have the perfect strategy for sales? How have you planned to achieve your goals? We conducted our 4th round of mojoMeets last week, this time in Jaipur. This time, we gathered a...
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GST for MSMEs: New Return Filing System for Small Businesses (September 2019)
GST for MSMEs just got a whole lot easier. The GST council is all set to launch a new GST return filing system – which will benefit MSMEs and small businesses. How? The new system is set to be...
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How The New Definition of MSME Sector Benefits Your Business
It’s been a long time coming: but the Indian Government is finalising a new definition of MSME sector that will benefit small businesses. From now, MSME classification will be based on turnover....
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2 Government Platforms To Tackle Delayed MSME Payments
Have delayed vendor/supplier payments been a cause of worry for your business? According to a National Payments Survey, delayed MSME payments are the second biggest challenge. To address this, the...
View ArticleGST Based Bill Discounting Can Provide Relief for MSMEs
The Government and top economists in the country have zeroed in on a decision to make GST based bill discounting a reality. And in other good news, GST collection in India rose by 6% to INR 1.03 lakh...
View ArticleNew India E-commerce Policy: 3 Highlights for Small Businesses
If you hadn’t heard yet, the government recently launched a draft of the India e-commerce policy that proposes incentives for small businesses, discourages Chinese imports, and hopes to help small...
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‘Pulp Non-Fiction’: The story of Malanad plantations and 3 friends
Do you remember yourself craving cold, delicious squash on hot summer days? The drink could soothe our fried nerves and the exhaustion that a hot day brought on! Malanad plantations delicious fruit...
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