New Delhi, August 23: With most the businesses have come to standstill amid the COVID-19 pandemic, logistics firm Delhivery is mulling to invest up to Rs 300 crore in 18-24 months on expansion. The firm is planning to increase its fleet size and set up trucking hubs to meet the increased demands for more organised […]
Monthly Archives: August 2020
GST Registration Applicants Can Opt for Aadhaar Verification Or be Ready for Physical Inspection of Place of Business, Says CBIC
New Delhi, August 22: The Central Board of Indirect Taxes and Customs (CBIC) on Friday issued a circular stating that businesses can opt Aadhaar verification for registration of Goods and Services Tax or else be ready for physical verification of the place of business. Usually, physical verification takes 21 days, while the verification through Aadhaar […]
Atal Innovation Mission Ties Up With India-Sweden Healthcare Innovation Centre to Boost Vibrant Start-Up Ecosystem
New Delhi, August 21: India on Thursday signed virtual Statement of Intent (SoI) with Sweden under the Atal Innovation Mission (AIM) to promote the disruptive potential of Indian entrepreneurs. The SoI was signed between AIM, NITI Aayog and Business Sweden on behalf of India-Sweden Healthcare Innovation Centre (ISHIC) to boost the vibrant start-up ecosystem across […]
Uttar Pradesh, France Explore Opportunities to Develop MSME Sectors Amid COVID-19 Pandemic
Lucknow, August 21: Ministry of Micro, Small and Medium Enterprises (MSME) of Uttar Pradesh and the Indian Ambassador to France on Wednesday joined hands to explore possibilities to develop sectors like defence/aerospace, textile, footwear and skill development. State MSME minister Sidharth Nath Singh held a video conference with Indian Ambassador to France Jawed Ashraf intending […]
MSME Credit Guarantee Scheme: Banks Disburse More Than Rs 1 Lakh Crore Under ECLGS as Part of Atmanirbhar Bharat Package
The banks have disbursed more than Rs 1 lakh crore under the Rs 3-lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector, the finance ministry said. The loans have been disbursed fall under Atmanirbhar Bharat Package. The latest numbers on ECLGS, as released by the finance ministry has disbursements by all 12 […]
World Entrepreneurs’ Day 2020: Celebrating Entrepreneurship, Innovation and Leadership by Spreading Awareness
An entrepreneur is someone who plays a vital role in developing the nation’s economy by solving the issues of unemployment and generating awareness regarding entrepreneurship. On Friday, the global fraternity will celebrate this day to honour these entrepreneurs, who work hard each day to innovate something new and lead from the front to boost the […]
Business startup ideas after COVID-19
These industries will not only survive but flourish during COVID-19 as well as in the post-COVID-19 era.
GST Council Likely to Meet on August 27 to Discuss Compensation Payout to States
New Delhi, August 19: The Goods and Services Tax (GST) Council is likely to meet on August 27 to discuss the compensation pay-out to states. The council will also discuss the opinion of the Attorney General on the legality of market borrowing to meet revenue shortfall. This will be the 41st meeting of the GST […]
UP MSME Act of 2020 Introduced by Uttar Pradesh Government to Ease Conditions for Setting up Medium And Small Enterprises in State
Lucknow, August 20: Uttar Pradesh is bringing an Act to ease the conditions for setting up Medium And Small Enterprises (MSME) units in Uttar Pradesh. According to a Times of India report, under this Act, an investor will be given 1,000 days to get necessary clearances after the first go-ahead. The new UP MSME (Establishment and […]
Start Business from Home With These Essential Steps
When time is harder, you get toughest. Amid this pandemic, when you think everything is difficult to catch up with, you need to find a solution. The pandemic has forced lots of small businesses to shut down and as per The Centre For Monitoring Indian Economy (CMIE), at least 5 million salaried people lost jobs […]