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RBI asks banks to enhance working capital limit for MSMEs


In a relief to small and medium enterprises hit by demonetisation, Reserve Bank today said banks may provide ‘additional working capital limit’ to MSME borrowers. “Banks are hereby advised that they may use the facility of providing… ‘additional working capital limit’ (approved by their boards) to their MSE borrowers, to …

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How to start a new MSME enterprise


Steps to Start an Enterprise STEP-1 DECISION TO BE SELF EMPLOYED Economic gains From job seeker to job-creator Sovereign status than a subservient role Image of prestige and status Inner satisfaction STEP-2 PRODUCT SELECTION Look up for all possible trade publications and secondary data. Consult with specialists/ resource persons from …

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How to write Project Report for Small Scale Industry


The Small Scale Industry is an enterprise whose employee count and revenue falls below certain levels. Small Scale Industries in India provide job opportunity to more than 65 million people. Internationally SMEs report for 98% of business statistics and are accountable for triggering originality and competition. Small scale industry in …

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