22/02/2024 Financial & Legal Services
With a major contribution to GDP and employment, the Ministry of Micro, Small, and Medium Enterprises (MSME) sector in India is essential for fair economic development. However, obstacles like late payments prevent it from expanding. The government created the MSME Samadhaan site for faster grievance redressal to lessen this. Unresolved cases, however, continue to exist, which is why tougher laws, like the Insolvency and Bankruptcy Code (IBC 2016), are being considered to ensure that the industry continues to contribute to India's economic development.
With a major contribution to GDP and employment, the Ministry of Micro, Small, and Medium Enterprises (MSME) sector in India is essential for fair eco...
Micro, Small, and Medium Enterprises (MSMEs) are the backbone of the Indian economy, significantly contributing to employment and economic growth. The...
Located in South Asia, India is the seventh-largest in terms of Geographical area and has the second-largest population in the world more than a sixth...
The most important sector of the Indian economy is the Agriculture sector. It is the source of livelihood for approximately 58% of the Indian workforc...
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