Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/fm-nirmala-sitharaman-launches-new-fund-for-msmes/articleshow/85521867.cmsSynopsis The fund, co-sponsored by Exim Bank and Sidbi, was formed as per a 2020 union budget announcement but its launch was delayed due
Category: Economy
Ashok Gulati, Ritika Juneja write: We’ve achieved a lot since 1947. But there’s much to learn from our neighbours, especially China
Clipped from: https://indianexpress.com/article/opinion/columns/india-independence-china-economic-policy-standard-of-living-7455384/ Ashok Gulati, Ritika Juneja write: The focus of India’s economic policy has to be on quality education, skill development, and agriculture reforms It
Growth needs steps beyond reforms – The Hindu
Clipped from: https://www.thehindu.com/opinion/lead/growth-needs-steps-beyond-reforms/article35903267.ece While the reform agenda must continue, social cohesion and equity considerations must be guaranteed The Indian economy has travelled through an eventful period
For a more holistic scrappage policy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/for-a-more-holistic-scrappage-policy/articleshow/85312070.cmsSynopsis A vehicle scrappage policy that looks only at the automobile sector for its impact is not particularly useful. An automobile scrappage policy is welcome, in
For a more holistic scrappage policy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/for-a-more-holistic-scrappage-policy/articleshow/85312070.cmsSynopsis A vehicle scrappage policy that looks only at the automobile sector for its impact is not particularly useful. An automobile scrappage policy is welcome, in
Special steel PLI scheme to help India enter high-quality value chain – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/special-steel-pli-scheme-to-help-india-enter-high-quality-value-chain/articleshow/85313586.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis An outlay of Rs 6,322 crore has been planned to boost domestic steel manufacturing of ‘specialty steel’ and attract significant investments. Ram Chandra
Tamil Nadu petrol: The Rs 3 dare for Nirmala Sitharaman: Tamil Nadu first state in India to cut petrol price this fiscal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/in-his-maiden-budget-tn-fm-cuts-tax-on-petrol-by-3-a-litre/articleshow/85312237.cmsSynopsis TN finance minister Palanivel Thiaga Rajan slashed the tax on petrol by ₹3 per litre, on the instructions of the chief minister, while
Rs 6 trillion asset monetisation plan in the offing, says DIPAM secretary | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rs-6-trillion-asset-monetisation-plan-in-the-offing-says-dipam-secretary-121081100676_1.html “National monetisation plan will have a range of assets from Power Grid pipelines to national highways, toll operate transfer (TOTs),” said Pandey DIPAM
Gadkari pitches for using RBI’s rising forex reserves for infra development | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gadkari-pitches-for-using-rbi-s-rising-forex-reserves-for-infra-development-121081100924_1.html Gadkari pointed out that he is talking to the World Bank, the Asian Development Bank and the New Development Bank NDB) for infrastructure
Microfinance industry bounces back to pre-Covid levels – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/microfinance-industry-bounces-back-to-pre-covid-levels/article35852083.ece?homepage=true Records 26 per cent year-on-year growth in loan disbursement disbursing loans worth ₹93,100 crore in the January-March 2021 quarter The microfinance industry is
Advantage MSMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/advantage-msmes/article35841860.ece Pharma PLI rule tweak favours incumbents To promote industrial growth, the government, supporting ‘Atmanirbhar Bharat’ and ‘Make in India’, has come up with
Companies fight to protect margins as inflation reaches tipping point | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/companies-fight-to-protect-margins-as-inflation-reaches-tipping-point-121081100111_1.html Companies as diverse as the Indian unit of Unilever Plc and Tata Motors are increasingly complaining about pricier inputs. Indian companies are running out of
High cost of containers to impact India’s exports: TPCI – The Financial Express
Clipped from: https://www.financialexpress.com/economy/high-cost-of-containers-to-impact-indias-exports-tpci/2307929/ It said that new records have been hit in container freight spot rates of all carriers and further rise is expected this month.
Recovery is on, spend more, GoI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/recovery-is-on-spend-more-goi/articleshow/85218528.cmsSynopsis Investment must come primarily from the government at this juncture. The private sector is, indeed, preparing for demand revival, but would firm up
High stress: PSBs set aside over 60% of operating profit as provisions – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/high-stress-psbs-set-aside-over-60-of-operating-profit-as-provisions/2308300/ Bankers say the first quarter saw stress mounting in the retail and small business segments as a result of the second Covid wave.
RBI may have to change stance soon | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/first-edit/rbi-may-have-to-change-stance-soon-1018081.htmlReserve Bank of India logo. Credit: PTI Photo It was expected that the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI)
Supporting growth outweighs inflation unease – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/supporting-growth-outweighs-inflation-unease/article35822693.ece But as economic uncertainty reduces, producers may start hiking prices, pushing up non-food inflation In its August 2021 policy review, the Monetary Policy
Migration from factories to farms, a sign of distress | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/migration-from-factories-to-farms-121080901309_1.html The government’s Periodic Labour Force Survey (PLFS) report shows a sharp increase in employment in agriculture from 42.5% of the total employment in
The foreign stimulus | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-foreign-stimulus-121080901997_1.html With foreign money pouring into the start-up universe, the economy may finally get the stimulus that the government was unable to provide The
Tata group is looking to enter semiconductor manufacturing: Chandrasekaran | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/tata-group-is-looking-to-enter-semiconductor-manufacturing-chandrasekaran-121081000066_1.html Tata group chairman’s remarks come at a time when automobile makers across the world are facing a severe shortage of semiconductors, hitting their
aniltikotekar4sme.com 