Small businesses are back bone of our country. They support the Indian economy and play a vital role in socio-economic development of country.   As per reports, India has a second largest small businesses in the world (about 43 million). These small businesses are one the most powerful and dynamic factor that help in making India fastest growing economies of world.   Our prime minister Narendra Modi strongly believes and advocate the power of small businesses in supporting Indian economy. In a letter addressed to small businesses in the country, Modi has called small businesses the “real back bone of country”.  He has said,  “Vegetable sellers, milkmen, grocers, washermen, newspaper Wallas, weavers, artisans, flower-sellers and so…