29
Jan
Small and Medium Enterprises (SMEs) play a crucial role in the Indian economy by providing employment opportunities and contributing to the growth of the country. To support the growth and development of SMEs in India, the government has introduced various schemes under the Micro, Small and Medium Enterprises Development (MSME) Act. These schemes are designed […]
23
Jan
Introduction: Small and medium-sized enterprises (SMEs) and micro, small, and medium-sized enterprises (MSMEs) play a vital role in the Indian economy, contributing to approximately 45% of the country’s industrial output and 40% of its exports. However, access to credit remains a significant challenge for these businesses, with a significant gap present in the credit market. […]