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India’s Open Credit Enablement Network as a Model to Empower MSMEs in Emerging Economies | ORF
India’s micro, small, and medium enterprises (MSME) sector is a key driver of the country’s economic and social development by fostering entrepreneurship and generating substantial employment opportunities at comparatively lower capital costs. However, inadequate access to finance is one of the most crucial barriers to the sector’s growth. Recent developments…
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Empowering the Informal Sector: How Fintech and NBFCs are Reshaping Access to Credit in India
Introduction Fintech and non-banking financial companies (NBFCs) are playing an increasingly important role in providing financial services to the informal sector in India. The informal sector, consisting of micro, small, and medium-sized enterprises (MSMEs), as well as rural, unbanked, and informal sectors, faces challenges in accessing credit from traditional banks.…
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An All-Women Start-Up In Ladakh Is Preserving Traditional Pashmina
The history of Ladakh Pashmina dates back centuries, with the region of Ladakh in Jammu and Kashmir, India, being renowned for its fine quality cashmere wool. Pashmina, also known as cashmere, is considered one of the most luxurious and sought-after fabrics in the world due to its softness, warmth, and…
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Money and Expenditure as Drivers of Economic Development: The Case of India
Money and expenditure play a crucial role in economic development. Money is a medium of exchange that allows people to buy and sell goods and services, while expenditure is the act of spending money. When people spend money, it creates demand for goods and services, which in turn stimulates production…
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Check out this post… “Bridging the Knowledge Gap: Embracing Digital Technology in PhD Supervision”.
Introduction: Embracing Digital Technology in PhD Supervision The interactions between PhD students and their supervisors, it has become evident that there is a significant gap in the digital technology knowledge of both parties. This knowledge gap hinders progress towards the completion of PhD work, leading to delays and inefficiencies. However,…
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We should never wash jeans or should We Stop Manufacturing Jeans?
What kind of life cycle of a jeans in terms of carbon foot prints. Does it make sense to stop manufacturing jeans or should we stop washing jeans. The denim industry has a significant impact on the environment, with each pair of jeans carrying a heavy carbon footprint throughout its…
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Skill India Digital
The National Skill Development Corporation (NSDC) Digital platform is a game-changer in the field of skill development, offering numerous benefits to both individuals and organizations. With its wide array of courses and user-friendly features, NSDC Digital has become an indispensable tool for those who want to enhance their skills or…