The government was forced to promulgate an ordinance in February to curb malpractices in the sector and regulate microfinance companies, G Parameshwara has said
While family businesses constitute about 75% of the Indian economy a whopping 90% of them are MSMEs. The new book 'Beyond Three Generations: The Definitive Guide to Building Enduring Indian Family Businesses' profiles a dozen such enterprises, their business dimensions and what such firms should not do.