PMMVY Scheme 2026: Eligibility, Benefits & Application Process Explained
Maternal health plays a crucial role in shaping a nation’s future, and recognising this, the Government of India introduced the Pradhan Mantri Matru Vandana Yojana (PMMVY). The scheme is designed to provide financial assistance to pregnant and lactating mothers, particularly those from economically weaker sections, ensuring they receive adequate care during and after pregnancy. With […]
What MSMEs Can Learn from ET SME Summit Vadodara: Building Partnerships for the Next Growth Phase
India’s MSME sector plays a vital role in driving employment, innovation, and industrial growth. However, as markets evolve and competition increases, small businesses must constantly adapt to new challenges and opportunities. The Economic Times Make in India SME Regional Summit – Vadodara highlighted many of these evolving trends. Held on February 20 in Vadodara,
Have you ever wondered what is CKYC and why everyone seems to talk about it when applying for a loan or opening a bank account? CKYC is a system introduced by the Government of India to streamline how financial institutions verify your identity. It was created to eliminate repeated KYC checks when dealing with
Union Budget 2026: Implications for Gold and Silver Markets and MSME Jewellers in India
A small policy shift can often trigger wide market reactions, especially when it involves gold and silver. In India, where precious metals are closely tied to savings, celebrations, and investments, even subtle changes can set the market buzzing. In the Union Budget, the Finance Minister announced a reduction in the import duty on gold
MSMEs are the backbone of India’s manufacturing economy. They support large industries, create employment, and contribute significantly to exports and domestic production. However, recent fluctuations in raw material costs, especially the rising steel price, have created serious financial pressure for many small businesses. A recent report highlighted that a sharp rise in steel costs
Clean Energy is Creating New MSME Opportunities: How Small Businesses Can Tap the Green Transition
The global shift towards sustainability is transforming industries and creating new economic possibilities. As countries accelerate efforts to reduce carbon emissions, clean energy has emerged as one of the fastest-growing sectors worldwide. This transition is not only benefiting large corporations but also opening significant business opportunities for Micro, Small, and Medium Enterprises (MSMEs). For
What the RBI’s Proposal to Increase Collateral-Free Loan Limits Means for MSMEs
Micro, Small, and Medium Enterprises (MSMEs) are referred to as the backbone of India’s economy. They contribute significantly to employment, innovation, and exports. However, access to timely finance has always been one of the biggest challenges for small businesses. In a major step to address this issue, the Reserve Bank of India has proposed
When you run a small business, your mind is occupied with a thousand things, including inventory, customers, staff, payments, and the endless chase for growth. The last thing you want to think about is how a lender views your application. But here is the truth: understanding what goes on behind the scenes can be
But here’s the thing nobody tells you: you don’t need a mountain of cash to start. In fact, some of the most successful businesses in India began with less than what you might spend on a new smartphone. With just ₹50,000, you can plant the seeds of something meaningful. According to the Ministry of
Secured vs Unsecured Business Loans: Risk, Responsibility, and Suitability
Let us say you have been running your business for a few years now. The orders are pouring in, your customer base is growing, and suddenly, you realise that you need money to scale. Maybe it is for a new machine, for hiring more hands, or just to manage the gap between paying your
Running an MSME (Micro, Small and Medium Enterprise) is a bit overwhelming. You are managing staff, overseeing production, chasing payments, and trying to keep customers happy, all at once. So, when the time comes to expand, maybe you need a new piece of machinery or need to stock up on inventory for the festive
