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
Category: Economy
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,
Sitharaman has faced down critics to unshackle India’s economic growth story | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/nirmala-sitharamam-indian-economy-budget-7176525/ Surjit S Bhalla writes: What is even more remarkable is that the good budget came in the year of the farmers protests. Fianance
Early signs of IPO fatigue visible – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/early-signs-of-ipo-fatigue-visible/article34179065.ece Every second stock that posted gains on debut in last one year has slipped India’s IPO market boom, which began exactly a year
foreign trade policy: How an effective trade policy can help MSMEs spread their wings – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/policy-trends/how-an-effective-trade-policy-can-help-msmes-spread-their-wings/articleshow/81720782.cmsSynopsis India’s Foreign Trade Policy should pave newer ways for small businesses and freelancers to grow their presence beyond the country and reach global
US President Joe Biden’s sensible stimulus – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/us-president-joe-bidens-sensible-stimulus/2221352/ Although the US’s output growth is likely to be above potential next year, a relatively flat Phillips curve implies that inflation is unlikely
View: New foreign trade policy is an opportunity for MSMEs to leverage e-commerce for their growth – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/view-new-foreign-trade-policy-is-an-opportunity-for-msmes-to-leverage-e-commerce-for-their-growth/articleshow/81713632.cms Synopsis–India’s 2021-26 foreign trade policy (FTP), currently under formulation, is likely to be released on April 1. The earlier FTP that was due
Financial services space set for disruption over next 10 yrs: K V Kamath – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/financial-services-space-set-for-disruption-over-next-10-yrs-k-v-kamath/articleshow/81710617.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “Unless you internalise it’s going to be a digital world…we will see a very quick evolution of this space in the next 10
Who pays the price of oil? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/price-pinch-who-pays-the-price-of-oil/2214927/ The effect of higher oil prices is likely to spread widely, denting tax revenues, corporate margins, household purchasing power. We estimate that it
A DFI is a good idea, but it must not function like a PSU – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/a-dfi-is-a-good-idea-but-it-must-not-function-like-a-psu/2214970/ If the govt lowers its stake to below 50%, the 3Cs won’t apply to the DFI; how it is staffed will also be
‘Atmanirbhar’ artisans – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/atmanirbhar-artisans/article34093528.ece This is the key to a self-reliant MSME sector Finance Minister Nirmala Sitharaman, in Budget, 2021–22, said the MSME sector is being redefined
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