How to Start a Construction Business in India: Key Requirements
We live in an era of advancement, whether it is in the form of technology or urbanization. The shift towards an urban and more concrete world has set its foot in India too. As the country sees an age of infrastructure development, the construction business is expected to thrive and grow in the coming
Banking and its associated services have become a part of one’s day-to-day life. Everything from checking balances or depositing cheques, the bank does it all. In the era of developing tools that make our lives a little easier, banks have also opted for tools such as ATMs. ATMs’ provision has simplified processes like money
You must have come across the word ‘Subsidy’ that the government extends on different schemes. Before going into its implications, it is basically very important to know subsidies meaning. A subsidy can be considered as a form of financial aid extended by the government in support of particular sectors, industries, or activities. Generally speaking,
Understanding SFURTI Scheme: MSME Support and Application Guide
What is SFURTI Scheme? Scheme of Fund for Regeneration of Traditional Industries (SFURTI) is a scheme launched by the Government of India under the aegis of Ministry of MSME in 2005 with the intention to promote cluster development. The main objective of the programme is to make traditional industries that spread across the country
Why Lenders Reject Business Loan Applications: Key Factors to Avoid
Finance management in a small business is a tremendous task. Availability of liquid funds is paramount from starting a new business to maintaining cash flow in an existing one. This is why there are numerous options for a business loan in the market, some of these are specially curated for MSMEs. Of course, this
Detailed Guide to PM Kusum Scheme: Subsidy, Components & More
What is PM-KUSUM Scheme? The PM-KUSUM or Pradhan Mantri Kisan Urja Suraksha Utthan Mahabhiyan scheme is an initiative launched by the Government of India under the aegis of the Ministry of New and Renewable energy (MNRE) in 2019. The scheme’s objective is to provide assistance installing off-grid solar pumps on village land (rural areas)
