Micro, Small and Medium Enterprise (MSME)

Micro, Small and Medium Enterprise (MSME)

MSME stands for Micro, Small, and Medium Enterprises. The Micro, Small, and Medium Enterprises Development (MSMED) Act, which was passed in 2006, divides businesses into two groups: 1) Manufacturing enterprises – engaged in the manufacturing or production of goods in any industry, and 2) Service enterprises – engaged in providing or rendering services. MSMEs have played an essential role in providing employment opportunities in underprivileged areas.

They have helped in the industrialization of such areas with a low capital cost compared to the larger industries in cities. MSMEs have also contributed and played an essential role in the country’s development in different areas like the requirement of low investment, flexibility in operations, low rate of imports, and a high contribution to domestic production.

Principles For Responsible Investment (PRI)

In partnership with the UN, this independent organization wants to understand the investment implications of environmental, social, and governance ...

United Nations Environment Program – Finance Initiative (UNEP FI)

A partnership between the United Nations Environment and the global financial sector created in the wake of the 1992 Earth Summit with a mission to...

Accredited Investor

An accredited investor is a type of sophisticated investor. The SEC says that in the United States, an accredited investor is anyone who has made m...

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