Governance

Why Running a Small Business Is Still Hard in India

India has 7.86 crore registered MSMEs employing 34.63 crore people, but most stay tiny
A credit gap near Rs 30 lakh crore and Rs 8.14 lakh crore in delayed payments choke working capital
Jan Vishwas reforms, Udyam, TReDS and GST simplification have genuinely cut friction
Experts back single-window clearance, one consolidated annual filing and faster TReDS adoption
The goal is fewer rules done well, not zero rules

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