In India, Micro, Small, and Medium Enterprises (MSMEs) are the backbone of the country’s economic growth, generating employment and contributing significantly to the GDP. However, accessing credit has often been a significant challenge for such enterprises, especially for startups and small-scale businesses. This is where responsible lending plays a transformative role. At LendingKart, responsible lending […]
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
Best Business Ideas for Village, Rural Business Ideas in India In rural areas, where community ties run deep and resources are abundant, village business ideas thrive on ingenuity and local needs. From agricultural ventures like organic farming and livestock rearing to cottage industries like handicrafts and traditional textile production, the possibilities are endless in
What is SFURTI Scheme? The SFURTI full form is the Scheme of Fund for Regeneration of Traditional Industries. It 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
For many small business owners, a business loan is the lifeline that keeps day-to-day operations running smoothly, funds expansion plans, or helps during seasonal cash flow gaps. However, when a carefully planned loan application comes back declined, it can be both frustrating and confusing, especially if the lender has not clearly explained why the
What is PM-KUSUM Scheme? The PM-KUSUM or Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan scheme is an initiative launched by the Government of India under the aegis of the Ministry of New and Renewable Energy (MNRE). The PM KUSUM launch date was in 2019. The scheme’s objective is to provide assistance in installing
The popular business adage “You need to spend money to make money” is being challenged of late with the leaps and bounds of progress in technology. Businesses, especially small and medium enterprises, are finding new ways to challenge existing conventions in marketing and promotions. Dozens of cheap, even free methods are available today to
