Business body & non-profit ink MoU to empower SC/ST entrepreneurs New Delhi: The non-profit Bharatiya Yuva Shakti Trust (BYST) has tied up with the Dalit Indian Chamber of Commerce and Industry (DICCI) to financially support and mentor members of the scheduled caste and tribes who aim to be successful entrepreneurs. Started in the 1990s by […]

Most micro entrepreneurs lack training, SC & ST entrepreneurs face greater knowledge gap: survey The percentage fell down sharply in case of micro entrepreneurs belonging to Scheduled Caste (SC) or Scheduled Tribes (ST) Less than a third of Micro Entrepreneurs have received any kind of training and more than half are not aware of the […]

A rural entrepreneur from nondescript Pimpalgaon village, from Gangapur tehsil of Aurangabad district in Maharashtra, manufactures a diverse range of agriculture spray pumps. 29-year-old Yogesh Gawande aspires to become a leader and compete with national industry players and multinationals.

Only 13% women grassroot entrepreneurs on e-commerce networks, 44% use digital payment apps: Survey Only 13% women grassroot entrepreneurs on e-commerce networks, 44% use digital payment apps: Survey. The BYST study, spread across 20 cities in 12 states concluded in December 2023. With a sample size of over 9,000 rural and semi-urban entrepreneurs on similar […]

The rural and semi-urban entrepreneurs face several challenges but inability to file and manage business taxes like GST and lack of awareness of business set up cost are key problems, finds a survey by Bhartiya Yuva Shkati Trust (BYST).The BYST conducted a study across 20 cities in 12 states among rural and semi-urban entrepreneurs and concluded that the top challenges identified include navigating the complexities of managing and filing business taxes (43 per cent), lack of awareness regarding the associated costs, time requirements, and minimum capital investment (43 per cent), and a significant knowledge gap on Goods and Services Tax (GST) intricacies (28 per cent).