Through the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006, the Government of India attempts to boost MSME. These Small Scale Industries (SSI) are the mainstay for growth in many developed, and developing economies, of the world. Importance of small businesses for India is immense. It is considered a prominent player […]
The MSME (Micro, Small and Medium ) enterprises of India are a major contributor to the economy of the country with over 3.62 Crore Enterprises in operation during the 2017-18 financial year. The MSME sector employs 55 million people and contributes about 8% to the GDP. Thus, MSMEs are a pivotal part […]
Small-scale Industry (SSI) Registration or Small business Registration are almost similar to MSME Registration in India. It is provided by the Ministry of Micro, small, and Medium Enterprises through the Directorate of Industries of the State Government. One of the main purposes of SSI […]
