72.What are some low-investment MSME ideas?
Food processing, handicrafts, digital marketing, repair services, and agri-based businesses.
73.Is a business plan necessary for MSMEs?
Yes, it helps in securing finance, tracking goals, and improving performance.
74.Do MSMEs need a trade license?
Yes, depending on the location and type of business.
75.Can MSMEs operate from home?
Yes, as long as they comply with zoning and licensing laws.
76.Is PAN required for MSMEs?
Yes, for tax filings and other statutory requirements.
77.How can MSMEs open a business bank account?
With Udyam registration, PAN, and proof of address.
78.What is the role of DIC (District Industries Centre)?
DICs assist in MSME promotion, registration, and support services.
79.Are there government consultants for MSMEs?
Yes, through DICs, MSME Development Institutes, and NSIC.
80.Can women start MSMEs easily?
Yes, with exclusive schemes like Mahila Udyam Nidhi and Stand Up India.
