Advertisement Special schemes have been designed for specific purposes like quality upgradation, common facilities, entrepreneurship development & consultancy services at nominal charges. Incentive provided for quality upgradation: Government of India has been executing the incentive scheme for providing reimbursement of charges for acquiring ISO 9000 certification...
Definiton of Sick SMEs Units: The definition of sickness in SMEs sector has been changing. The RBI has been instrumental in appointing different committees from time to time to look into issue of the sickness affecting the SMEs sector. Given below is the latest definition of sickness; A SME...
Credit & Finance: There has been a positive change in the outlook & approach of our financial institutions towards SMEs. Banks have now entered the field of extending credit facilities to the small-scale industrial units. The lead bank scheme has helped a lot of small units to...
Technical Assistance: There are various arrangements for providing technical advise & assistance to small firms. There are two types of technical assistance to small units. First, the Central Small-scale Industries Organization (CSSIO) through its service institutes & Extension centers provides a staff of entrepreneurs to face the...
Marketing Assistance: Marketing of goods produced by small industrial units has to be improved. The National Small-scale Industries Corporation (NSIC) assists small firms firms in obtaining a greater share of government & defence purchases. The SIDO has been recognized as the nodal agency to support the small scale...
Analysis of the Problems of SME’s in India: The planning commission has summarized some of the problems & difficulties faced by small-scale industries in India such as; Shortage of raw materials Selling strategy or the problem of marketing Competition Under-utilizaton of capacity Organizational structure Octroi & other...
BMS is about to end, what do you want to do? Dhandho karvo che! Beg your pardon? Business, business daalna hai! After 3 years of rigorous studies you want to give it all up and sit in a shop? No man, that’s not what I mean.. Then what is...
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