Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/government-e-marketplace-portal-is-beating-amazon-flipkart-on-discounts-economic-survey-2021-22/articleshow/89246425.cmsSynopsis 10 out of 22 commodities in the sample were cheaper on the GeM portal as compared to other platforms. A cost comparison of
Day: January 31, 2022
Over 66 lakh MSMEs registered on Udyam portal, 95% are micro enterprises, 0.5% medium firms: Economic Survey 2021-22 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/over-66-lakh-msmes-registered-on-udyam-portal-95-are-micro-enterprises-0-5-medium-firms-economic-survey-2021-22/articleshow/89243928.cmsSynopsis The Economic Survey also highlighted the Champions portal as being an ICT based technology system for making the smaller units big by helping
Credit to Medium & Micro firms register double-digit YoY growth in Nov: Eco Survey 2022 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/credit-to-medium-micro-firms-register-double-digit-yoy-growth-in-nov-eco-survey-2022/articleshow/89243350.cmsSynopsis The Survey says the robust bank credit flow to the critical sector reflects the effectiveness of various measures taken by the Government and
Over 95 lakh borrowers, Rs 2.28 lakh crore disbursed under ECLGS: Eco Survey – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/over-95-lakh-borrowers-rs-2-28-lakh-disbursed-under-eclgs-eco-survey/articleshow/89243780.cmsSynopsis Among other efforts, the Reserve Bank of India announced a 6 month moratorium and deferment of interest for all term loans which was
container shortage: Global container shortage ‘will remain a persistent problem’: Economic Survey 2021-22 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/global-container-shortage-will-remain-a-persistent-problem-economic-survey-2021-22/articleshow/89242862.cmsSynopsis The survey adds that the production of the new containers has slowed since 2019. The supply chain bottleneck in the form of shipping container
Auto industry pins hope on consumption-led demand in Budget for revival of growth – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/auto-industry-pins-hope-on-consumption-led-demand-in-budget-for-revival-of-growth/articleshow/89235273.cmsSynopsis On the backdrop of the global semiconductor shortages, automotive OEMs had expected investments in the sector to reduce such supply chain issues and
Industry wants Budget to bring better credit schemes, GST rationalisation and lower cost of capital for MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/industry-wants-budget-to-bring-better-credit-schemes-gst-rationalisation-and-lower-cost-of-capital-for-msmes/articleshow/89234814.cmsSynopsis Financial woes and resource crunch continue to plague small businesses, and the pandemic has only aggravated these concerns. The Budget needs to address
Budget’s indirect tax proposals should focus on ease of doing business, promoting domestic manufacturing – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/policy-trends/budgets-indirect-tax-proposals-should-focus-on-ease-of-doing-business-promoting-domestic-manufacturing/articleshow/89235468.cmsSynopsis There continues to be Customs duty rate disparity on the import of telecommunication networking equipment and separately their parts. Since the introduction of
Nurturing entrepreneurship through appropriate support measures, incentives – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/entrepreneurship/budget-nurturing-entrepreneurship-through-appropriate-support-measures-incentives/articleshow/89236498.cmsSynopsis India houses the third-largest cluster of startups in the world. Indian startups raised a record $24.1 billion in 2021, a two-fold increase over
Msme Budget expectations: What can MSMEs expect from Budget 2022 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/what-can-msmes-expect-from-budget-2022/articleshow/89238615.cmsSynopsis To accelerate Atmanirbhar Bharat Abhiyan the government must revisit and reduce the duties and taxes on capital goods to encourage small enterprises to
Loans under 59-minute to MSME units non-starter in Karnataka, says industry body in memo to FM – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/loans-under-59-minute-to-msme-units-non-starter-in-karnataka-says-industry-body-in-memo-to-fm/articleshow/89240740.cmsSynopsis The industry body suggested that the government task the state-level bankers’ committee (SLBC) to monitor progress under the scheme. BENGALURU: Karnataka’s small-scale industries
Budget 2022 will be MSME and Export Oriented: FIEO – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/budget-2022-will-be-msme-and-export-oriented-fieo/articleshow/89216282.cmsSynopsis FIEO President A Sakthivel suggested that container manufacturing should be encouraged more so as we are also pushing coastal shipping in our country.
Steps should be taken in Budget to ensure hassle-free credit to MSMEs: PHD Chamber – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/steps-should-be-taken-in-budget-to-ensure-hassle-free-credit-to-msmes-phd-chamber/articleshow/89216567.cmsSynopsis PHD Chamber President Pradeep Multani suggested for extension in the timeline of the Emergency Credit Line Guarantee Scheme (ECLGS) for another year till
Pocketing even 1% market share from China means India gets a $10-billion opportunity in textiles, says industry – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/pocketing-even-1-market-share-from-china-means-india-gets-a-10-billion-opportunity-in-textiles-says-industry/articleshow/89193697.cmsSynopsis China-plus-one has created a growth window for the Indian textiles segment, and the PLI Scheme can give the sector a boost. There might
RERA is coming up short in giving relief to homebuyers. What ails the legislation? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/real-estate/rera-is-coming-up-short-in-giving-relief-to-homebuyers-what-ails-the-legislation/articleshow/89197021.cms SynopsisAccording to data from the Ministry of Housing and Urban Affairs, RERA authorities across states have disposed of 82,750 complaints since the Act
Expectations from Budget 2022 vis-a-vis insolvency law – BusinessToday
Clipped from: https://www.businesstoday.in/union-budget-2022/opinion/story/expectations-from-budget-2022-vis-a-vis-insolvency-law-320860-2022-01-30 While the signs of legislative pro-activeness may have been apparent through these five years of IBC, only time will answer these instrumental questions
Ukraine: Talks only way to end crisis | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/second-edit/ukraine-talks-only-way-to-end-crisis-1076322.html Situation is far more serious than it has ever been Activists demonstrate against a possible invasion of Ukraine by Russia during a protest
Time for India to Set Up a Fiscal Council – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/time-for-india-to-set-up-a-fiscal-council/articleshow/89230884.cmsSynopsis The assessment will help GoI evaluate macroeconomic conditions better and articulate the reason for where the fiscal deficit should be, keeping investors and
India’s core inflation puzzle – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/behaviour-of-inflation-in-india/article64958152.ece A new consumption basket based on current trends is needed for inflation measurement Growth started decelerating from Q4 of 2018. This deceleration iwas
Investors must stay away from cryptos for now – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/spring-of-hope-or-winter-of-despair/article64951679.ece Bitcoins and cyptos are flaky, speculative assets, best regarded with a healthy dose of suspicion Pratip Kar I was debating whether to retain
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