small businesses: India’s economy shrinks sharply as Covid-19 slams small businesses – The Economic Times

Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/indias-economy-shrinks-sharply-as-covid-19-slams-small-businesses/articleshow/79460232.cmsSynopsis The latest data firmly establishes India’s position among the worst-performing major economies, despite government spending meant to blunt the pandemic’s impact. NEW DELHI:

gimbooks: From GST returns to applying for loans, Y Combinator-backed Gimbooks wants to help India’s 70 million SMEs go digital – The Economic Times

Clipped from: https://economictimes.indiatimes.com/small-biz/entrepreneurship/from-gst-returns-to-applying-for-loans-y-combinator-backed-gimbooks-wants-to-help-indias-70-million-smes-go-digital/articleshow/79440238.cmsSynopsis 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. COVID-19

ECLGS 2.0: Borrowers to repay principal amount in 48 installments post 1-year moratorium – The Economic Times

Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/eclgs-2-0-borrowers-to-repay-principal-amount-in-48-installments-post-1-year-moratorium/articleshow/79438893.cmsSynopsis The government termed the credit product under which the guarantee would be given as Guaranteed Emergency Credit Line (GECL), in the guidelines released

SC directs govt to implement its decision to forego interest on eight categories of loans – The Economic Times

Clipped from: https://economictimes.indiatimes.com/news/economy/policy/sc-directs-govt-to-implement-its-decision-to-forego-interest-on-eight-categories-of-loans/articleshow/79446057.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The eight categories of loans are MSME (Micro, Small & Medium Enterprises), Education, Housing, Consumer durable, Credit card, Automobile, Personal and Consumption. NEW

interest loan waiver scheme: Who is eligible for compound interest waiver during moratorium and how much will be the benefit – The Economic Times

Clipped from: https://economictimes.indiatimes.com/wealth/borrow/who-is-eligible-for-compound-interest-waiver-during-moratorium-and-how-much-will-be-the-benefit/articleshow/78843816.cmsSynopsis The central government had earlier filed an affidavit in the Supreme Court stating that it would waive interest on interest on loans up

SMEs: The fault in our approach: India’s self-reliant push fails to recognize cottage industry as critical constituent – The Economic Times

Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/the-fault-in-our-approach-indias-self-reliant-push-fails-to-recognize-cottage-industry-as-critical-constituent/articleshow/78821343.cms Synopsis—The road to self-reliance seems to have bypassed millions of tiny businesses. Warped policies hurt them even more. For many of us, Mahila

Work from office vs work from home: What helps small businesses to stay productive at reduced costs – The Financial Express

Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-work-from-office-vs-work-from-home-what-helps-small-businesses-to-stay-productive-at-reduced-costs/2109722/ Ease of Doing Business for MSMEs: Daily, numerous mundane things are performed to run business operations that consume lots of productive time. With

Soon, small businesses on WhatsApp to sell through ‘shopping button’; allow users to add items, check out – The Financial Express

Clipped from: https://www.financialexpress.com/industry/sme/msme-tech-soon-small-businesses-on-whatapp-to-sell-through-shopping-button-allow-users-to-add-items-check-out/2111887/ Technology for MSMEs: The move is likely to enhance WhatsApp Business’s use case as among the default platforms for businesses particularly small firms

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