SME's take part in start up

many SME can not do any thing because of-
1.lower level bureaucrats do not extend any help to remove bottleneck if any.
2.corruption is still going on in lower level govt. officials/bureaucrats
3.financing from banks is having still old rules.
state govt. should make team in district level. they should call old SME and solve all bottlenecks including finance from bank as single window. more  

View all 16 comments Below 16 comments
Thank you Mr Kaushikk, It was pleasure talking to you. I only expressed my feelings and experiences of hardships we face every day. Instead of supporting and trusting each other, cutting operational costs, making finance and other facilities easily available; the governments and the bureaucracy is busy making life difficult and expansive. Thanks. On Wed, Apr 5, 2017 at 7:56 PM, Kaushikk D. Vyas <> wrote: > more  
I could not agree more. True, the government is expecting a lot from citizens, particularly from small business, aspiring industrialists. The cost of compliance is several folds. At small faults, little delays in filing returns punishments are applied. There is little business. Every one is after it. The bureaucracy is at its worst. The banks expect true alignment to the commitments. Every one is greedy, the banks, the tax men, the government. The bureaucracy, the legal system is sluggish, little help, merit hardly matters. All banks these days operate only through agents. Today's report 100,000 Lakh Crore additional loans are NPA last year. The loans are available through commission agents only to preferred. Business is as bad as "traffic". A lot of Chaos? more  
Yes I agree. For new startups in the IT software product space the bank thinks they are not part of the schemes announced by the govt. If Software brings revenues to India and India wants to have more product companies and banks refuse to fund those wanting to establish software product companies without collateral how can it work. Please advise way forward. Indira Head Products Value Software DID : +91 44 4217 7035 Mob : +91 93804 61630 On Thu, Jan 19, 2017 at 10:17 AM, Krushna Patnaik <> wrote: > more  
SME is always on the war foot basis to get the business. Only tact and smart business minded personnel get the business. Side by side also put the complain to RTI, utilize social media indirectly or approach someone to connect with social media, meeting with similar business people and competitor on friendly sake to get solution for present problem solving. more  
The Govt and banks intention is only to promote big sectors____big advance___big kickbacks---- big rightofff---- but less work in banks That is why the rural small sectors are ignored silently more  
Post a Comment

Related Posts

    • Will many CAs may have to close soon

      Many CA, CS and CMA Professionals have to either change work or close their practice after this attached circular.

      By Ajay Dutta
    • Google is a pathetic company

      Google India hiked the rate of business mail by 350 %. With fear of recession looming and when msme are struggling this is not the right thing to do. It will cost msme sector 5000 crore per year...

      By Vishal Khanna
    • GST filing

      Still GST system is not 100 % user/official friendly. there are news that so much money (in lacs) collected by fraudulent GST bills. I am a GST registered vendor. The company turn over is almo...

      By Subramanian Venkataraman
    • Taxation Issues faced by Startups: Inputs Sought

      Many of you know how LocalCircles had worked with the Government in 2019 on resolution of angel tax issues under Section 56 (2)(viib) of the Income Tax act. Once again, the Government h...

      By LocalCircles Manager
    • Why no penalty an dprosecution for govt

      Now our IT portal has become sick being suffering babu virus or extortion virus. McA site never works on last days and people have to pay penalties for mistakes of govt. Now professionals are wasti...

    • Income Tax Return Filing Portal

      What about income tax return filing date? Any extension thereof? As of today, I am not able to file the return . Has any one else file the income tax return? Has Portal issue been solved? I have al...

      By Hasmukh Sangani
    • Grass root experience

      I have been doing and promoting small business for the last 30 years. The real problem is that the ministers and their secretaries don't have practical experience and they look for 5 trillion dolla...

    • Why do Ministers refrain from engaging with businesses

      I find it quite interesting that the ministers want to deal only with tata adani ambani and not the real msme and startups. Why is the msme minister (appointed this week Narayan Rane) his secretary...

      By Aditi Mitra
    • Why such mismanagement

      FICCI the industry association has written to Centre saying most of 40000 ventilators manufactured under PM Cares Fund last year are lying unused at government facilities. Mainly due to negligence ...

      By Sudesh Rai
    • Word of caution to Indian small entrepreneurs

      Friends this is Aditya from New Jersey. A friend of mine from Brazil recently lost 3 members of his family back home to Covid. The P1 variant is most dangerous of all and is now invading neighbors ...

      By Aditya Sharma
    • simplifying procedures for easy business

      none of the administrators who are lucky to get into govt seats have practical field experience and they are not aware of the strains of small entrepreneurs. They always imagine that any entrepren...

      By Subramanian Venkataraman
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)