Telangana govt deploys Accloud software for MSMEs to boost economic revival

Accloud is available both on the web and mobile and is also language agnostic that can be operated in English, Telugu and Hindi.

As a part of economic revival initiatives, the Telanganagovernment has launched a cloud-based accounting software to strengthen operations of micro, small and medium enterprises (MSMEs) in the state.

MSMEs contribute significantly to the Indian economy which is close to 8% of the country’s GDP, 45% of the manufactured output and 40% of the country’s total exports by employing close to 120 million people. However, they are facing several challenges in their day to day operations.

With an aim to address some of these challenges, the industries department of Telangana has struck a special purpose partnership with Sapio Analytics & GlobalLinker to help MSMEs access a cloud based accounting software – Accloud – free of cost for one year for 20,000 select enterprises in the state.

For the full story see the India Times