Showing posts from July, 2020

Schemes of Government for MSME Sectors part 1

Every person wants to start their own business but due to not having enough money, they are unable to make a decision. In the previous articles, we learned what are the ways of earning money, how can we make the hidden talent inside us as our profession. Today, in this article, we will discuss the subject of how we can start our business with the help of the government. Yes, I am saying with the help of Government, so MSME  is a path that the Government of India has extended to support the people financially. Let's see what is MSME, how it works, and what are the schemes that the government of India bestows. One by one we will discuss each of the schemes In-depth. What is MSME? MSME can be defined as the Ministry of micro, small and medium enterprises. The Micro, Small, and Medium Enterprises (MSMEs) sector have emerged as a highly vibrant and dynamic sector in the Indian economy in the last five decades.  The MSME area contributes to 45% of India’s Total Industrial Employment, 50%