As per reports, as much as 80% of medical equipment used in Indian hospitals and clinics are imported. With an import duty of around 2.5% and hefty charges on maintenance, the total cost of providing advanced medical care to patients may become quite expensive. Hospitals and similar large-scale healthcare institutions may have an available pool of funds for such installations. In case of a private enterprise, the entire responsibility of arranging the medical equipment for a private clinic lies on the doctor who owns it. While facilitating the best treatment…
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Keen on Starting a Small Business? Here’s How To Get The Required Funds
According to NASSCOM, start-ups received $4.2 billion funding in 2018 compared to only $2 billion the previous. More than 7,000 small businesses came to life the same year creating around 40,000 jobs. One of the primary reasons for the rise of start-ups in India is the easy availability of funding. There are multiple sources of business finance available not only from the private sector but also the government. Financing options from the Government 1. MUDRA Loan MUDRA Loan is part of the Pradhan Mantri Mudra Yojana (PMMY), catering to small…
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