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The challenges of MSMEs that aspiring entrepreneurs could work on solving: 1. Legal and Business Compliances Navigating the maze of legal & business regulations can be a major hurdle for small enterprises, often requiring significant time & effort to stay compliant with changing rules. 2. Access to Credit Securing financing remains a significant challenge for many MSMEs. However, recent innovations like the ULI (Unified Lending Interface) introduced by the government could be a game-changer, offering MSMEs quicker & easier access to credit, much like UPI revolutionized digital payments. 3. Market Access Gaining access to broader markets, whether at the city, state, or national level, remains a key challenge for MSMEs. Many struggle to expand their customer base and reach new markets. 4. Skilled Workforce Attracting and retaining a skilled workforce continues to be a challenge for MSMEs. Although job platforms are available, finding the right talent remains a persistent issue.
Unlocking Tomorrow's...ย โขย 1y
Let's talk about India's digital landscape in 2024. While there have been significant advancements in digital connectivity, there's still a notable digital divide, particularly in rural areas. Access to reliable high-speed internet and essential digi
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Set2Scoreย โขย 6m
๐ช๐ต๐ฎ๐'๐ ๐ถ๐ป ๐๐ต๐ฒ ๐จ๐ป๐ถ๐ผ๐ป ๐๐๐ฑ๐ด๐ฒ๐ ๐ฎ๐ฌ๐ฎ๐ฑ ๐ณ๐ผ๐ฟ ๐๐๐ฎ๐ฟ๐๐๐ฝ๐? The government aims to support 5.7 crore MSMEs with enhanced financial assistance and policy measures. Loan guarantees for micro-entrepreneurs will be expanded to ens
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Medialย โขย 6m
๐ Exciting News for MSMEs! ๐ The government is rolling out a new credit guarantee scheme to help MSMEs get loans up to Rs 100 crore without needing collateral. This is a big boost for small businesses looking to grow and invest in machinery and eq
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Join a Revolutionary Legal Tech Venture as a Technical Co-Founder: I am seeking a highly skilled technical co-founder with expertise in Node.js, React, and Python to collaborate on an innovative AI-driven legal tech application. The role involves re
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Hey Guys, We're building a global social networking platform exclusively for law students and legal professionals which provides a secure platform to network, get exposure, share knowledge and promotes collaboration among the students and the exper
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๐ข Around 189 million people in India go to bed hungry every day. This number reflects a significant challenge regarding food security and poverty in the country. The Food and Agriculture Organization (FAO) and various reports indicate that India has
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Welbeย โขย 1m
๐จ๐ป๐น๐ผ๐ฐ๐ธ๐ถ๐ป๐ด โน๐ญ ๐๐ฟ๐ผ๐ฟ๐ฒ+ ๐ถ๐ป ๐๐ฟ๐ฎ๐ป๐๐ ๐ณ๐ผ๐ฟ ๐ฆ๐๐ฎ๐ฟ๐๐๐ฝ๐ & ๐ฆ๐ ๐๐ (๐ฎ๐ฌ๐ฎ๐ฑ ๐๐ฎ๐๐ฎ๐ฏ๐ฎ๐๐ฒ) In 2025, the Indian government continues to prioritize support for startups and MSMEs with several new initiatives and significant en
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