What is Current Ratio?
The current ratio is a liquidity ratio that calculates a company's ability to meet its short-term debt and obligations, or those due in a single year, using balance-sheet assets. The working capital ratio is another name for it. Investors prefer a current balance of one or more. It is less than one indicates that [...]
How to write a Business Plan?
If you are one of the many people thinking about starting a small business. Then having a business plan is one of the first things you should have on your list of things to do. It does not matter if the size of the business you are starting is small or big. Having a [...]
Chief Minister Employment Generation Programme, CMEGP
Karnataka launched the Chief Ministers Self-Employment Generation Programme (CMEGP) to establish micro-enterprises in rural parts of the state. CMEGP - Govt of Karnataka, promotes self-employment among aspiring rural entrepreneurs by investing capital up to INR 10 lakhs through the District Industries Centre and Karnataka State Khadi and Village Industries Board. The core concept behind [...]
What is Mukhyamantri Yuva Udyami Loan? Eligibility, Benefits & Application Guide
When you want to start off your own business, it can be a big move, more so when there is little money involved. The government has introduced the Mukhyamantri Yuva Udyami Loan scheme to provide financial support to young entrepreneurs in the form of a loan of up to 10 lakhs. This project is [...]
Unemployed Youth Employment Generation Programme (UYEGP)
The Unemployed Youth Employment Generation Programme (UYEGP) scheme to alleviate the unemployment problems of socially and economically weaker segments of society, particularly among educated and unemployed people, to become self-employed by setting up Manufacturing / Service / Business enterprises. Eligibility for The Unemployed Youth Employment Generation Programme : The applicant should be at least [...]
Raj Udyog Mitra Scheme
The government launched the Raj Udyog Mitra scheme for individuals in Rajasthan who wish to initiate a new micro, small, or medium enterprise but face obstacles under the old policies and laws of MSME. However, now after the launch of this scheme, there will be no need for government permission. New micro, small and [...]