Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/economic-survey-2021-22-experts-give-thumbs-up-to-indias-growth-spurt-despite-covid-uncertainty/articleshow/89246632.cmsSynopsis Experts pointed out that the main reason for the lower forecast is non-availability of significant base effects in 2022-23 as compared to 2021-22.
Category: Budget
Bank NPAs down but restructured advances could pose problems: Economic survey – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/bank-npas-down-but-restructured-advances-could-pose-problems-economic-survey/articleshow/89246386.cmsSynopsis Both gross NPA ratio and net NPA ratio of banks has declined since 2018-19 with GNPA ratio down to 6.9% in September 2021
Borrowers now try to resolve stress early: Economic Survey talks of behavioural change – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/borrowers-now-try-to-resolve-stress-early-economic-survey-talks-of-behavioural-change/articleshow/89246328.cmsSynopsis “Distressed assets have a life cycle and their value gradually declines with time. The fact that a corporate debtor may change hands has
gem: Government e-Marketplace portal is beating Amazon, Flipkart on discounts: Economic Survey 2021-22 – The Economic Times
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
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
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
All you want to know but don’t always ask | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/budget-all-you-want-to-know-but-don-t-always-ask-122013001046_1.html The big elephant in the room is LIC. Every effort is on for its IPO. If that happens, and it probably will, the
Budget should focus on bridging widened inequality in economy: Ex-RBI Guv | Business Standard News
Clipped from: https://www.business-standard.com/budget/article/budget-should-focus-on-bridging-widened-inequality-in-economy-ex-rbi-guv-122012700959_1.html The upcoming Budget should focus on creating jobs and bridging the widened inequality in the economy besides accelerating growth, former RBI Governor D
aniltikotekar4sme.com 