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The survey suggests that governments, banks and other financial institutions must immediately follow effective gender-sensitive policy responses to improve the situation.
From GST returns to applying for loans, Y Combinator-backed Gimbooks wants to help India’s 70 million SMEs go digital
On the road to digitization, small businesses in India are now betting on easy-to-use accounting and bookkeeping apps for their day-to-day work.
The pandemic is still raging and has spelt doom for many small and medium businesses. Many entrepreneurs who were planning to launch their companies around this time have either postponed the idea or have let go of it. However, if the past is an indicator, there have been many who decided to take the plunge during an economic upheaval and emerge as success stories. Here's a look at some of them. (Text: Garima Bora)
Over Rs 10 lakh cr loans under Mudra Yojana created 51 lakh entrepreneurs between 2015-18: Smriti Irani
Union Minister Smriti Irani observed that this is a government dedicated to balancing responsibilities between ease of doing business and ease of living.
The project aims to build financial and digital literacy and improve basic business management skills to help women become successful kirana entrepreneurs.
Covid-19 cases are surging around the world, resulting in more lockdown orders as countries attempt to mitigate the spread. Airbnb admits it won’t be immune.
As travelers decide to take a gamble on 2021 bookings, they’ll take comfort in Peter Kern’s predictions for their favorite urban destinations—regardless of where they may be. That’s because entrepreneurialism is inherently resilient, as Kern puts it.
With Rs 1500 cr lined up, Basis Vectors eyes acquisition of firms with high client retention, decent financials
Any business that has a proven product-market fit and has retained over 80% of their customers is a worthy target for Basis Vectors.
A pattern is emerging where leaders of the pack along with the key players in the chase are seeking strategic purchases or alliances to become a more dominant force in the space making them more attractive to both VCs and consumers.
T-Hub plans to continue to develop strategic programs to elevate the levels of innovation by effectively engaging stakeholders such as startups, corporates, investors, academia, and the government.
India’s largest travel company MakeMyTrip thought it was well spread out in the sector to reduce dependency on any one line of revenue. The pandemic, however, shut every arm of the company’s business.
India to pursue self reliance, support domestic entrepreneurs : Rajiv Kumar, Vice Chairman, Niti Aayog
The government has decided to give more space to private entrepreneurs as it believes that without them India will not be able to achieve the sustainable growth that the country wants.
Since the early 1980s, the Dutch Government has identified India as an important economic partner. Bilateral relations underwent further intensification after India’s economic liberalization in the early 1990s.
Lt Governor Manoj Sinha handed over a cheque of Rs 250 crore to J&K Bank as commencement of disbursement of 5% Interest Subvention and coverage of re-structured accounts following 2014 floods and 2016 agitation.
While the coronavirus pandemic is causing many older workers who have lost jobs, or who have been offered early retirement severance packages, to decide to leave the workforce, others like Summers are shifting to entrepreneurship.
It was believed that smaller companies cannot absorb the economic impact of COVID-19 and many would simply shut shop. Six months later, it seems the fears may have been exaggerated.
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