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Skill India Needs a Rethink: From Token Training to Transformative Impact

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Regardless of its present shortcomings, the Skill India Mission still holds immense promise.

When the Government of India launched the Skill India Mission in 2015, it aimed at equipping the youth of India with employable skills. With over 65% of its population under the age of 35 years, India is a young nation with immense possibilities. The mission was to skill people in market-relevant skills, create employment opportunities, … Skill India Needs a Rethink: From Token Training to Transformative Impact

Understanding the MSME Act: A Guide for Small Businesses

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Being recognised as an MSME makes you eligible to avail the benefits of a host of government initiatives aimed at making things easier for small businesses.

In the year 2006, the government came up with the Micro Small and Medium Enterprises (MSME) Act with the objective to increase the competitiveness of the businesses that operate on a smaller scale and boost local economies.  Small businesses, due to their limited resources and reach, face numerous issues in obtaining funds, accessing markets, and … Understanding the MSME Act: A Guide for Small Businesses

The Startup India Initiative: Empowering Entrepreneurs in India

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The Startup India Initiative was launched on 16th January 2016 to empower the startup ecosystem of the country.

Gone are the days when businesses had to stand in long queues just waiting for the government to approve their licenses so that they could actually start their operations. From the License Raj era, our country has come a long way in simplifying business compliance processes to boost economic growth and generate wealth for the … The Startup India Initiative: Empowering Entrepreneurs in India

Understanding Different Types of Business Structures in India: Setup, Requirements, and Regulations

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Business types

India offers a variety of business structures, each with distinct characteristics, setup processes, and regulatory requirements. Choosing the right structure depends on factors such as the scale of operations, the number of stakeholders, capital requirements, and long-term business goals. Below, we explore these structures in detail. Proprietorship A proprietorship is the simplest form of business, … Understanding Different Types of Business Structures in India: Setup, Requirements, and Regulations

Financial Planning is the Backbone of Growth for MSMEs: How Strategic Planning Fuels Business Success

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Financial Planning is the Backbone of Growth for MSMEs

Micro, Small, and Medium Enterprises (MSMEs) are the lifeblood of many economies, including India’s. They account for a significant portion of employment, innovation, and economic activity. Yet, many MSMEs struggle with financial planning—a crucial factor that can either limit their growth or propel them to new heights. In the face of competition, market volatility, and … Financial Planning is the Backbone of Growth for MSMEs: How Strategic Planning Fuels Business Success

Private Limited Company Registration in India: A Comprehensive Guide for 2024

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Private Limited Company Registration.

Registering a Private Limited Company (PLC) in India is one of the most preferred choices among entrepreneurs and businesses. This business structure provides limited liability protection, credibility, and the ability to raise funds. It’s essential to understand every aspect of the registration process to navigate smoothly and ensure full compliance with Indian laws. This guide … Private Limited Company Registration in India: A Comprehensive Guide for 2024