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Get connected with journalists todayBhavya Kaushal
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Senior Correspondent, Business Today (India)
Beats
CBT, game theory addiction, financial independence multivariate equations, psych componentspersonal finance, economics abnormal psychology -anything concerning finance, complex econ theory
Gossips
Content
By Bhavya Kaushal Verified| YourStory@ Financial incompetence is seen as one of the main reasons for businesses to fail within the first few years of operation. While India has a thriving startup and SME culture, due to limited resources, small businesses often fail to keep a check on their financial statements and maintaining budgets. In the initial years of working, Shristi Banka realised that most companies, especially small and medium enterprises (MSMEs), do not have proper guidance regarding their compliances when they start up.
By Bhavya Kaushal Verified| YourStory@ In this year’s first-ever paperless Union Budget, Finance Minister Nirmala Sitharaman had said: “For a $5-trillion economy, our manufacturing sector has to grow in double digits on a sustained basis. Our manufacturing companies need to become an integral part of global supply chains.”Micro, small and medium enterprises, which largely comprise the manufacturing sector, contribute about 30 percent to India’s GDP growth and about 49 percent to exports, one of the key revenue generating streams.
By Bhavya Kaushal Verified| YourStory@ Financial incompetence is seen as one of the main reasons for businesses to fail within the first few years of operation. While India has a thriving startup and SME culture, due to limited resources, small businesses often fail to keep a check on their financial statements and maintaining budgets. In the initial years of working, Shristi Banka realised that most companies, especially small and medium enterprises (MSMEs), do not have proper guidance regarding their compliances when they start up.
Company Info
Business Today (India)
Varanasi, Uttar Pradesh, India
+91 12 0480 7100