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The term “Retail Business” denotes the purchase of finished goods from the producers or manufacturers and selling them further to customers. Further, India ranks at the top position in the world in terms of retail and wholesale trade and contributes around 23% and 8% to India’s total GDP (Gross Domestic…
A money lender is someone who lends small amounts of money at a higher rate of interest. The reason for charging higher rates of interest is that the money lender faces a higher risk of default than normal banks due to various reasons. People who are desperately in need of money…
India is a world leader when it comes to tea-growing because of its favourable climate and abundant supply of labour. The FSSAI has released guidelines specifying the rules and regulations that tea businesses in the country need to follow. So, what is the FSSAI license for a tea business in…
Have an internet connection? If yes, then you can now you can turn your home into a restaurant by selling food to millions from your doorstep! Well, like all other things, eCommerce also gives you an opportunity to start your home-based food selling business. Therefore, if you are skilled at cooking, you…
Prime Minister’s Employment Generation Programme (PMEGP) is a credit-linked subsidy programme launched by the government of India in 2008. It is a merger of two schemes, namely, Prime Minister’s Rojgar Yojna and Rural Employment Generation Programme. The program focuses on generative self-employment chance via micro-enterprise start in the non-farm sector…
In recent times, there are a number of restaurants opening up by offering a range of popular gourmet cuisines and regional fast food from around the world. In India, the fast-food trucks are becoming quite popular, especially in the metro cities across the country. The reason for the increasing popularity…
Today Blogging and freelancer is the fast emerging profession in the world. Any one from any core of the world can join this profession. No much investment is required. Blogging requires good written skills & knowledge of the area to which your blog relates and freelancing required knowledge of Google…
Giving a loan or loaning means lending money from one individual or entity to another. A loan has three components – principal or the borrowed amount, rate of interest and tenure or duration for which the loan is availed. It is one of the primary financial products of any bank…
Coir Vikas Yojana (CVY) is a scheme initiated by Coir Board that functions under the Ministry of Micro, Small, and Medium Enterprises (MSME) It has been rolled out with the goal of facilitating the development of export as well as domestic markets. Coir Vikas Yojana also aims at providing effective…
The Interest Subsidy Eligibility Certificate (ISEC) Scheme is an important mechanism of funding khadi programme undertaken by khadi institutions. It was introduced to mobilise funds from banking institutions for filling the gap between the actual fund requirements and availability of funds from budgetary sources. Khadi and Village Industries Commission initiated…
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