Clipped from: https://www.financialexpress.com/industry/banking-finance/sbi-to-revamp-msme-lending-ops-to-increase-efficiency/2223469/ “With the objective of becoming banker of choice for MSMEs, SBI intends to improve existing processes and structure in the SME space for
Category: Economy
MSMEs look at Foreign Trade Policy for relief from up to 50% spike in input, fuel costs – The Economic Times
lipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/msmes-look-at-foreign-trade-policy-for-relief-from-up-to-50-spike-in-input-fuel-costs/articleshow/81752705.cmsSynopsis The Ministry of Commerce and Industry is likely to roll out its new foreign trade policy for a five-year period effective from April
Big opportunity for private sector! Highway projects worth Rs 50,000 crore up for grabs–BUSINESS TODAY
Clipped from: https://www.businesstoday.in/sectors/infra/highway-projects-construction-build-operate-transfer-bot-hybrid-annuity-public-private-partnership-ppp-ministry-of-road-transport-modi/story/435224.html Going forward, National Highways Authority of India (NHAI) will bid out projects worth Rs 30,000 crore on build, operate, and transfer BoT (Toll)
A plot against the poor: Beware the carbon tariffs that’ll act as back-door protectionism for rich countries–TIMES OF INDIA
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-edit-page/a-plot-against-the-poor-beware-the-carbon-tariffs-thatll-act-as-back-door-protectionism-for-rich-countries/Bjorn Lomborg The writer is president of the Copenhagen Consensus Center. To tackle climate change, rich nations are promising to end fossil fuel use
Govt likely to extend further current foreign trade policy – The Financial Express
Clipped from: https://www.financialexpress.com/economy/govt-likely-to-extend-further-current-foreign-trade-policy/2223488/ FTP provide guidelines for enhancing exports to push economic growth and create jobs. In such a policy, the government announces support measures for
Retail loans set to become largest segment for Indian banking industry | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/retail-loans-set-to-become-largest-segment-for-indian-banking-industry-121033000016_1.html Lenders depending on personal loans rather than industrial credit According to the Reserve Bank of India (RBI) data, banks shrunk their industrial and
SEE CHANGE aims to be a leading Indian brand in MSME consulting – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/see-change-aims-to-be-a-leading-indian-brand-in-msme-consulting/article34187940.ece SEE CHANGE Consulting aims to become a leading home-grown brand in the MSME (micro, small and medium enterprise) consulting space with a strategy
Interest refund: Banks want Govt to pick the tab on loans over ₹2 crore – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-want-finmin-to-pick-up-the-tab-for-refund-of-interest-on-interest-for-loans-above-2-cr/article34190603.ece Banks fear this will lead to an impact on their bottomline Banks want the government to pick up the tab for refunding amounts
Govt may wait for clarity before announcing new foreign trade policy | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/govt-may-wait-for-clarity-before-announcing-new-foreign-trade-policy-121032800859_1.html The latest trade figures show that between April 2020 and February 2021, exports of merchandise and services stood at $439.64 billion The Foreign Trade
Status check of PLI schemes that aim to make India world’s factory | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/status-check-of-pli-schemes-that-aim-to-make-india-world-s-factory-121032900021_1.html Last year, the govt introduced a PLI scheme for mobile phones, electronic components, critical pharma drugs and medical devices, which saw huge traction
With help from angel networks, investors get to back rising startups | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/with-help-from-angel-networks-investors-get-to-back-rising-startups-121032800511_1.html Angel networks allow people to make collective investments and bring quality startups to their table Illustration: Ajay Mohanty Padmaja Ruparel, co-founder of India
Is Ease of Doing Business ranking over-rated? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/is-ease-of-doing-business-ranking-over-rated/article34162842.ece A top rank without infrastructure, connectivity, skilled manpower and lower cost of production is of no use to the investor In recent years,
Jobless growth: the pandemic has revealed India’s crisis of unemployment | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/india-unemployment-crisis-economic-growth-covid-pandemic-7249627/ The current model of economic growth prioritises capital over labour and is unlikely to resolve the unemployment crisis. While the lockdown affected all
Over 4 cr old vehicles on Indian roads, Karnataka tops list at 70 lakh – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/over-4-cr-old-vehicles-on-indian-roads-karnataka-tops-list-at-70-lakh/articleshow/81734751.cmsSynopsis The Ministry of Road Transport and Highways has digitised the data of such vehicles throughout the country, excluding Andhra Pradesh, Madhya Pradesh, Telangana
Under Biden, Democrats are poised to raise taxes on business and the rich – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/world-news/under-biden-democrats-are-poised-to-raise-taxes-on-business-and-the-rich/articleshow/81737737.cmsSynopsis The question is whether congressional Democrats and the White House can agree on how sharply taxes should rise and who, exactly, should pay
MSME registration crosses 25-lakh mark on Modi govt’s Udyam portal; grows 130% in nearly five months – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-tech-msme-registration-crosses-25-lakh-mark-on-modi-govts-udyam-portal-grows-130-in-nearly-five-months/2222324/ Technology for MSMEs: For registration on the Udyam portal, MSMEs are not required to upload any documents or proof except the Aadhaar number for
‘PLI scheme to nudge OEMs towards local sourcing for greater Made-in-India capacity utilisation of MSMEs’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-pli-scheme-to-nudge-oems-towards-local-sourcing-for-greater-made-in-india-capacity-utilization-of-msmes/2222274/ Ease of Doing Business for MSMEs: The PLI scheme has an anchor-led model that will enable OEMs to adopt an import-substitution approach and
Neelkanth Mishra writes: Govt is carefully supporting industrial and consumer sentiment to take economy back to pre-pandemic path–indian express
Clipped from: https://indianexpress.com/article/opinion/columns/union-budget-2021-nirmala-sitharaman-post-pandemic-economic-recovery-7170474/ Despite being acutely aware of the plight of the urban poor, given the lack of efficient channels to provide direct help, the government
Budget 2021 fails to give priority to boosting jobs–ASHWINI DESHPANDE–indian express
Clipped from: https://indianexpress.com/article/opinion/columns/india-budget-2021-msme-sector-covid-19-impact-economy-nirmala-sitharaman-7170475/ The budget should have shown how serious it was about inclusive growth by announcing direct cash support to informal workers, circular migrants, agricultural
Budget balances next quarter with next quarter-century, blends prudence, ambition–MANISH SABHARWAL WRITES: INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/opinion/columns/budget-nirmala-sitharaman-coronavirus-pandemic-economy-rbi-7170476/ This budget reflects policymaking that is risk-taking and ambitious. More importantly, when seen with the three Covid mini-budgets and seven previous annual budgets,
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