WhatsApp, Meta’s widely used messaging application, is currently in the process of entering the Indian micro, small, and medium-sized business (MSMEs) market as part of its subsequent expansion phase. WhatsApp is committed to enhancing the efficiency of small businesses by providing comprehensive solutions through its “small business app,” in recognition of the significance of MSMEs…
Prime Minister’s Employment Generation Programme (PMEGP)The PMEGP combines the Prime Minister’s Rojgar Yojna (PMRY) with the Rural Employment Generation Programme. Its mission is to promote self-employment opportunities for unemployed youth and traditional artisans by building microbusinesses in the non-farm sector. The Khadi and Village Industries Commission (KVIC) oversees the project at the national level, while…
The Ministry of Micro, Small, and Medium Enterprises (MSMEs) in India is crucial to advancing economic development because it provides support to businesses of all sizes. This article highlights MSMEs’ investment and turnover criteria, looks at how they are classified, and shows how important they are to the country’s economy. Classification of MSMEs Based on…
