Atmanirbhar-Bharat

#Budget2021: AtmaNirbhar – Bharat & Freelancers

Atma Nirbhar Bharat, UnionBudget2021 & Freelancers  One of the first things Nirmala Sitharaman talks about the agenda of #Budget2021 is about building “Atma Nirbhar Bharat” Taking the Sankalp of #IndiaFirst, the Finance Minister quotes - “Ancient India was the business epicenter of the world, and Atminarbhar Bharat is the expression of 130 crore Indians who … Continue reading #Budget2021: AtmaNirbhar – Bharat & Freelancers

India’s Unicorn startups may exceed 50 by 2022

According to the Hurun Global Unicorn List 2020, India currently has 21 Unicorn startups that are collectively valued at USD 73.2 billion. By 2022, the number of unicorns in India might surpass 50.  The USA has 233 unicorn startups, while China has 217 unicorns at present. They collectively account for 78% of the world’s unicorns. … Continue reading India’s Unicorn startups may exceed 50 by 2022

MSMEs revival rests on Banks and Government, seeking for an action.

Minister of Micro, Small and Medium Enterprises (MSMEs), Nitin Gadkari referred to the sector as the ‘backbone of Indian Economy”. In these crucial times of COVID-19 pandemic and post pan India lockdown, the government is heavily relying on the MSME sector to climb out of the economic swamp. The government has taken several initiatives and … Continue reading MSMEs revival rests on Banks and Government, seeking for an action.

Govt’s Udyam portal witnesses over 11 lakh registrations

Launched on July 1, 2020, amidst the COVID-19 pandemic, Union MSME ministry’s new portal for MSME registration witnesses over 11 lakh registrations till now.  Seeking help from its field establishments to help entrepreneurs register entities on the portal and execute the process for registration, including: National Small Industries Corporation, Khadi and Village Industries Commission, MSME-Development Institutes, Technology Centers, … Continue reading Govt’s Udyam portal witnesses over 11 lakh registrations

‘MSME Prerana’ – Indian Bank’s mentoring programme for MSMEs.

A unique initiative, MSME Prerana is an online business mentoring programme for small business owners. A programme by the Indian Bank, a public sector bank, was launched by the Union Minister of Finance & Corporate Affairs, Nirmala Sitharaman, at the bank’s headquarters in Chennai.  An integrated initiative with Poornatha & Co, MSME Prerana aims to … Continue reading ‘MSME Prerana’ – Indian Bank’s mentoring programme for MSMEs.

Facebook’s $4.3 million grant to support small businesses in India

Amidst the COVID-19 crisis, Facebook has been focusing on providing business tools for the survival of small businesses. According to the data released by OECD and the World Bank, in India, more than one-third of the small and medium-sized businesses on Facebook are facing cash-flow problems.  Facebook has a wide reach in India, almost every … Continue reading Facebook’s $4.3 million grant to support small businesses in India

GOI Launches 15 Challenges for Startups and MSMEs to Solve for a Grant of INR 50 Lakhs Each

In collaboration with the Indian Space Research Organisation (ISRO) & four other ministries, the government of India launched ARISE - Atal New India Challenges programme in order to support the small businesses and MSMEs. The step is in alignment with the vision of making India Aatmanirbhar and less dependent on the imports and products of … Continue reading GOI Launches 15 Challenges for Startups and MSMEs to Solve for a Grant of INR 50 Lakhs Each