msme
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Himanshu Rawat Jan 18 2024 - 3 min readFintech firm CredAble and Aditya Birla Finance Limited (ABFL) have joined hands to transform MSME lending in the country with the utilization of technology and advanced analytics. Over the past six months, ABFL has experienced a surge in lead flow, with approximately 80,000 leads generated through CredAble's solution. This collaboration has ...
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Opportunity India Desk Jan 18 2024 - 2 min readThe Bihar Cabinet has sanctioned financial aid of INR 2 lakh for nearly 94 lakh families with a monthly income of INR 6,000 or less, endorsing entrepreneurship and self-employment through the Bihar Small Entrepreneur Scheme. The decision is based on a caste-based survey report, revealing that 94,33,312 families in Bihar fall within this ...
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Opportunity India Desk Jan 17 2024 - 2 min readNearly half of the 1,15,000 startups registered with the Department for Promotion of Industry and Internal Trade (DPIIT) are located in tier-II and tier-III cities, as of December 31, 2023. States such as Gujarat, Karnataka, Kerala, and Tamil Nadu have been identified as the "best performers" in promoting a conducive startup ecosystem for ...
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Opportunity India Desk Jan 17 2024 - 2 min readUnion Commerce Minister Piyush Goyal has unveiled plans for the Trade Connect ePlatform, a digital initiative aimed at boosting the involvement of micro, small, and medium enterprises (MSMEs) as well as startups in the export sector. The platform, set to be operational within the next three to four months, acts as an intermediary ...
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Opportunity India Desk Jan 15 2024 - 2 min readThe Goa government has officially introduced the Goa Credit Guarantee Scheme (GCGS), also known as Mukhyamantri Saral Udyog Sahayya Yojana (MSUSY), integrating it with the existing credit guarantee scheme, CGTMSE, established by the central government. Launched on January 11, 2024, the five-year initiative aims to facilitate collateral-free loans of up to INR 5 ...