It is less expensive than unsecured loans like personal loans which are often availed to meet working capital needs
The EPFO data has revealed that almost half of the formal sector jobs created in May were in security agencies, small contractors, cleaning services.
The survey included responses from over 6,000 startups and MSMEs located in 171 districts
MUDRA loans were launched to boost grassroots-level entrepreneurship and self-employment in the country
The e-commerce major said it is waiving 50% of the 'sell-on-amazon' or 'referral fee' from May 1-31 for a section of sellers. among other initiatives
Over two-thirds of those surveyed, or 70%, said it will take them nearly a year to recover demand levels prior to COVID-19
Officials look forward to a revival in demand in FY22 when the economy is expected to grow in double digits
Technology could serve as a gateway for women to access more complex solutions and services to augment their business plans
The latest MSME Credit Health Index indicates that credit growth has accelerated
The company aims to further accelerate this digital revolution by enabling 5 million new Indian SMBs to adopt digital payments in the next 12 months.