Is MSME and SSI the same?

By SUKANYA

You may know about the words MSME or SSI, MSME represents Micro Small and Medium Enterprises and SSI represents Small Scale Industries. The greater part of the Entrepreneurs are searching for such a permit by which their business will be perceived by the public authority. MSME or SSI is the most ideal choice for them.…

Main Functions of Small Industries Development Organization (SIDO)

By SUKANYA

Small scale Industries (SSI) are those businesses where the assembling, creation and delivering of administrations have done on a small or small size. These industries make a one-time interest in apparatus, plant, and hardware, however it doesn’t surpass Rs.10 crore and yearly turnover doesn’t surpass Rs.50 crore. Basically the small scale industries for the most…

10 Major Problems faced by the Small Scale Industries of India

By SUKANYA

Small scale industries or small scale enterprise assume an essential part in the financial advancement of our country. This area can animate monetary movement and has the endowment with the duty of acknowledging different goals; age of greater work openings with less speculation, diminishing local awkward nature. And so on small scale industries are not…

Government loan schemes in India for Small Scale Industries

By SUKANYA

India has recently identified as the only, truly emerging market in the world. Part of this growth has fueled by the country’s micro, small and medium enterprises. The SME sector contributes more than 40% to the total GDP and is an important source of employment for India’s growing population. Recognizing the importance of small scale…