Mudra Loan: Who can avail? Eligiblity?
Any individual running non-corporate non-farming business activities can apply for a MUDRA loan under the Pradhan Mantri Mudra Yojana Scheme. The following are the Mudra Loan Eligibility criteria: Applicants should have an age limit of 18 years and a maximum [...]
How to Successfully Restart Career with Affiliate Marketing After a Career Break
Considering returning to work following a lengthy career break? Working at home is one of the most convenient methods of restart career with affiliate marketing. The affiliate marketing sector in India is projected to expand at 15 percent per [...]
Business Loan Schemes for Sole Proprietors in India
The sole proprietorship is one of the most common business types. In India, more than three-fourths of businesses consist of sole proprietors. They enjoy various benefits such as easy setup, less paperwork, better control over their business etc. These [...]
Best Uttarakhand MSME Business Loan Schemes for Small Businesses
Did you realize that there are more than 2.5 lakh MSMEs in Uttarakhand that play a major role in the economy and employment opportunities of the state? The government has established a number of Uttarakhand MSME business loan schemes [...]
Project Report on Artificial Intelligence: Trends, Benefits, and Insights
The world is evolving at a higher pace because of AI. According to the experts, it has the potential of adding 15.7 trillion to the economy of the world by 2030. This is why it is good to learn [...]
Best Low-cost Business Ideas for India
The following are the Best Low-cost Business Ideas that you can start in India: Food truck The food truck is one of the fastest-growing businesses in India. Food trucks offer the potential to those looking to get into the [...]
Mukhyamantri Yuva Swarozgar Yojana, U.P
It is accurate to say that the employment rate cannot keep up with the population's exponential growth. There is a sizable population of educated but jobless youth. Some are aspirational and strongly desire to launch their own company. The [...]
How to Prepare a Mudra Loan Project Report Step-by-Step
Want to open a business using Mudra loan? The first and most important step is to develop a well-structured project report for mudra loan. This mudra loan project report will inform the bank all it wants to know about [...]
BEST 5 LOW INVESTMENT START-UP IDEAS
The following are the best 5 low investment start-up Ideas that you can start in India: Security Agency An agency is a business that provides a service on behalf of other businesses. A private security company operates as a [...]
How to Get a Restaurant Business Loan in India
One of the most interesting businesses in India is running a restaurant. Restaurants are always in demand either in small cafes in busy areas or in elegant places in urban areas. However, this is the reality of it: starting [...]
8 Steps to Starting Online Business
Launching an online business can be an affordable plan to become an entrepreneur. And with the wide variety of e-commerce platforms and channel options, you have more access than ever to get your products and services in front of [...]
E-COMMERCE AND ONDC IN INDIA
What is ONDC ( Open Network for Digital Commerce )? ONDC is a government initiative to promote open networks for all aspects of the exchange of goods and services over digital networks. ONDC seeks to [...]
Most Popular Innovative Business Ideas in India
The following are some most popular innovative business ideas in India in 2023: Rainwater harvesting It is the collection and storage of rain, rather than allowing it to run off. Rainwater is collected from a roof-like surface and redirected [...]
What is a Line of Credit (LOC)?
A line of credit (LOC) is a preset borrowing limit that borrowers can withdraw at any time. It is an arrangement between a financial institution, usually a bank, and a client. The borrower can obtain money as needed until [...]
Top 10 Most Popular Types of Loans in India
Are you planning to buy a house, start a business, or fund your child’s education? No matter your goal, there's likely a loan designed just for it. Understanding the different types of loans in India is the first step [...]
Second Installment under MUDRA Loan/PMEGP
From 2008 onwards the PMEGP loan scheme is there in our country. Those who availed MUDRA loan and PMEGP and also if you are repaying the loan properly, then you are eligible for getting another loan up to 1 [...]
TRENDING SMALL BUSINESS IDEAS IN INDIA 2022
The below are some trending small business ideas that you can start in 2022: Aluminium Utensils Shop A utensil is a tool you can hold in your hand and use around the house. In the kitchen, common utensils are [...]
Udyam Registration in India
A micro, small and medium enterprise (MSME) will now be identified as Udyam as per the notification issued by the Ministry of MSME on 26 June 2020. The ministry has also come up with specific guidelines for the classification of MSMEs. Also procedure [...]
What Is an Expense Report?
One uses an Expense Report form to record business expenses. The employees report various business expenses incurred by them out of their pockets. It includes any purchases that are necessary to run a business, such as parking, meals, gas, [...]
DIFFERENCE BETWEEN BOOKKEEPING AND ACCOUNTING
Bookkeeping and accounting are two terms that are often used interchangeably. But both of them are different. The difference between bookkeeping ad accounting can be analysed from the below advantages and limitations: Bookkeeping Bookkeeping Means the recording of financial [...]
How to Do PMEGP Loan Apply Online: Complete Process Explained
What is PMEGP loan and why should you Apply? The Prime Minister's Employment Generation Programme, also known as the PMEGP loan apply scheme is a credit-based subsidy scheme initiated by the Government of India. It focuses on helping people [...]
Deen Dayal Upadhyaya Swavalamban Yojana Startup Loan Scheme
Deen Dayal Upadhyaya Swavalamban Yojana (DDUSY) is an Arunachal Pradesh Government start-up loan scheme. This scheme focuses on providing start-up loans with some financial support in the form of subsidies. Also, the key vision behind this scheme is to [...]
Udyami Project Report: A Complete Guide to Bihar Udyami Yojana
Bihar Udyami Yojana is an excellent program to the new business owners in Bihar. However, to avail this scheme, you have to prepare a Udyami project report. The report describes what your business is about, the amount of money [...]
Chief Minister’s Rojgar Yojana (CMRY), Goa
The State Government of Goa has started the Chief Minister's Rojgar Yojana (CMRY). Collaboration with the Economic Development Corporation of Goa for unemployed youth. Under this scheme, with the help of government loans, other backward class people, scheduled castes, [...]
Types of Working Capital Loan
There are different types of working capital financing available in the Indian market. As a result, applicants can choose from Cash credit/Bank overdraft, trade credit, bank guarantee, invoice factoring, and letter of credit. Inadequate working capital can also result [...]