Financing in the agricultural sector is like travelling back in time. Many farmers and traders have little capital and incomplete financial records. The lack of credit readiness has resulted in Rs. 38.4 Lakh Cr. of credit going unfinanced. This has encouraged Fintechs to create more accessible financing through three new mechanisms: GST informed financing, digital lending platforms, and supporting financial services.
WhatsApp forwards and corporate hampers are here to remind us that festival season is upon us. With the season bringing a boom in demand, it gives every business a chance to grow their toplines. However, rising to the opportunity is a challenge for many.
Unity in diversity is seen in every aspect of our country. From celebrating vivid festivals to holding varied beliefs and value systems, which bring people together. Such is the case too when it comes to the dynamic business landscape of India. We have a diverse mix of 7.9 million MSMEs, 1.48 million registered companies and 500+ large companies by market cap, all united for growth and resilient to remain buoyant in the times to come.