A Complete Guide on Coir Udyami Yojana 2022
Starting a business is exciting yet complicated enough - when you are busy realizing your business idea into reality, the last thing you want to worry about is staying on top of all the legal and accounting compliances.
E-Invoice: Free Tools for E-invoice Generation for Small Taxpayer
The e-invoice system was a leap to standardize invoice generation among taxpayers and reporting of the transactions. The government introduced e-invoicing in a phase-wise manner beginning from 1st October 2020. In the recent changes, the government has mandated e-invoicing for businesses with an aggregate turnover above Rs. 5 crores. This is set to be applicable from 1st January 2023. Following is the phase-wise implementation of e-invoices:
List of Government Schemes For MSMEs 2023 (Part-1)
India's Micro, Small, and Medium enterprises (MSMEs) contribute about 1/3rd of our GDP, and our manufacturing sector contributes 30% of our GDP. Our MSME accounts for over 80% of businesses in the country, and 63 million MSMEs employ around 110 million people across various businesses.
Women Entrepreneurship Platform (WEP)
NITI Aayog has launched Women Entrepreneurship Platform (WEP), which is exclusively created for encouraging Indian women's participation in the growing Indian startup ecosystem.
CREDIT LINKED CAPITAL SUBSIDY AND TECHNOLOGY UPGRADATION SCHEME (CLCS- TUS)
A large section of our Micro and Small Enterprises (MSEs) continue to run their business with outdated machinery and very minimal or zero technological advancements in their core business operation. It makes Indian products less competitive in the global market.
Government Initiatives To Help Women Entrepreneurs
ent of women entrepreneurs looking for affordable financing in the form of a loan. The scheme covers a wide range of business sectors and activities. Some of them are:
List Government Subsidy Loan Schemes For Small Businesses in India
Small and Medium Enterprises (SMEs) in India contribute 40% of the country's total Gross Domestic Product (GDP). SMEs play a significant role in providing employment opportunities to many people.
Pradhan Mandri MUDRA Loan Scheme for SMEs/MSMEs
In the year 2015, Pradhan Mantri Mudra Yojana (PMMY) scheme was launched by the government of India to provide financial assistance to Micro, Small and Medium Enterprises (MSMEs). This scheme was formalized by setting up Micro Unit Development and Refinance Agency Limited under the Companies Act 2013 and registered as Non-Banking Financial institution under the Reserve Bank of India (RBI).
SAMRIDHI FUND SCHEME
As a developing nation, India faces multiple social issues like poverty, malnutrition, lack of access to healthcare, education, etc. With the ever-growing societal problems, there is a growing need to have an innovative and multi-pronged approach to these problems to find a solution to them.
Startup India - Together 2023 for India Students: Entrepreneurship Bootcamp & Venture Competition
In the last few years, the number of startups registered in India has increased significantly with support schemes such as Startup India, Make In India, Mudra Loans, Standup India, and so on.
Startup India Innovation Summit 2023
On 10 January 2023, Startup India is conducting one of India's most significant startup events, the Startup India Innovation Summit 2023. In this event, every participating Indian entrepreneur can present and showcase their innovative startups to the world.
STARTUP INDIA SEED FUND SCHEME (SISFS)
Recent Updates On Progress of SISFS According to Press Information Bureau (PIB), Allotted funds for SISFS: Rs.945 crore Funds allotted to 102 incubators under SISFS: Rs.375.25 crore Funds allotted to 378 DPIIT recognised startups: Rs.81.45 crore (allotted through approved incubators)
North East Entrepreneurship Development Program (NEEDP): Overview, Benefits, Eligibility
The North East Council (NEC), under the Government of India, has launched a unique initiative called North East Entrepreneurship Development Program (NEEDP). NEEDP is established to promote and encourage entrepreneurship across all eight northeastern states.
Online Business Ideas without Investment in 2023
In the evolving work culture dynamics, not everyone is interested in taking up an 8-hours office job to make money. Instead, some want to start their business venture and make a career.
STANDUP INDIA SCHEME: Overview, its Objective, Eligibility Criteria, etc.
As India is growing at a rapid phase, there is rising participation of people in terms of entrepreneurship. Understanding this requirement, the government of India launched the Stand Up India Scheme in 2015.