Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/cait-demands-restoration-of-msme-status-for-8-crore-traders/articleshow/81492004.cmsSynopsis The government in June 2017 removed retail and wholesale traders from the MSME category forcing the players either borrow at a higher rate
Category: Economy
Selling PSU banks to corporates ‘colossal mistake’, says Raghuram Rajan as workers plan strike – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/selling-psu-banks-to-corporates-colossal-mistake-says-raghuram-rajan-as-workers-plan-strike/articleshow/81494577.cmsSynopsis Many PSU banks, including the State Bank of India (SBI), have informed their customers that their normal working could be affected at the
CEA Krishnamurthy Subramanian explains the economic rationale behind Modi govt’s policy response to Covid – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/cea-subramanian-explains-the-economic-rationale-behind-modi-govts-policy-response-to-covid/articleshow/81499136.cmsSynopsis Increasing only revex is myopic while increasing capex is far-sighted as the former increases aggregate demand ephemerally, while capex generates a sustained increase
Maintain the status quo | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/maintain-the-status-quo-121030401665_1.html The current inflation target has worked well The inflation target of 4 per cent with a lower and upper tolerance level of 2
Finance ministry cracks the whip on insurance companies for ignoring MSMEs | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/finance-ministry-cracks-the-whip-on-insurance-companies-for-ignoring-msmes-121030400382_1.html Reluctant insurers have failed to offer the cover especially curated by the ministry following the UK Sinha panel’s recommendations The department of financial
Extend PLI scheme to all MSMEs amid Covid-19 pandemic, says NITI Aayog | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/extend-pli-scheme-to-all-msmes-amid-covid-19-pandemic-says-niti-aayog-121030401724_1.html The recently announced PLI scheme for the telecom sector extended the incentives to MSMEs. The Aayog has suggested that the existing PLI schemes
Upskilling for senior citizens – The Financial Express
Clipped from: https://www.financialexpress.com/education-2/upskilling-for-senior-citizens/2208063/ Building a successful career post-retirement For senior citizens looking to get back into professional roles, it is crucial to bank on digital training.
The tragedy of the missing middle, writes P Chidambaram – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/across-the-aisle-the-tragedy-of-the-missing-middle-writes-p-chidambaram/2212070/ Given that the bottom 20 per cent of any developing country must be assumed to be poor, that leaves 7 per cent which
More jobs for blue collar workers in retail, e-commerce – The Financial Express
Clipped from: https://www.financialexpress.com/industry/more-jobs-for-blue-collar-workers-in-retail-e-commerce/2208029/ Indeed, many more employers are in the market today, about 1,107 compared with 774 in the last six months. Over 1.1 lakh courier
Syncing traditional banks with their ‘challengers’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/syncing-traditional-banks-with-their-challengers/article33990976.ece Traditional banks and smaller ‘new-age’ banks have much to gain by joining hands The emergence of challenger banks over the last decade has
Designing a smart PLI programme – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/designing-a-smart-pli-programme/article33990729.ece Genuine value addition, creating jobs that go beyond mere assembling and boosting exports must be the aim A steady transformation of the global
Attracting ‘new money’ will be a challenge for the ARC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/attracting-new-money-will-be-a-challenge-for-the-arc/article33957326.ece Book building for the new ARC may be easy, but its success will depend on the ability to develop a vibrant distressed debt
Govt striving to reduce pharma sector’s regulatory compliance: Sadananda Gowda – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/govt-striving-to-reduce-regulatory-compliance-burden-on-pharma-sector-sadananda-gowda/article33933185.ece The pharma industry is capable of achieving the ambitious annual target of $130 billion by 2030, which it set for itself and the
Govt approves 14 projects under PLI scheme for bulk drugs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/govt-approves-14-projects-under-pli-scheme-for-bulk-drugs/article33943027.ece Incentives worth ₹6,940 crore will be given over nine years beginning with the current financial year. The government on Friday approved 14 projects
Truth, lies and ‘certified’ statistics – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/r-srinivasan/truth-lies-and-certified-statistics/article33982068.ece A sound certification and standards system is critical for the ‘Make in India’ plan to succeed Last week, the Delhi government decided to
Chief Economic Advisor stresses India to focus on ethical wealth creation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/chief-economic-advisor-stresses-india-to-focus-on-ethical-wealth-creation/article34059847.ece?homepage=true Krishnamurthy Subramanian also highlights the role of private sector in making a “self-sufficient India” Chief Economic Advisor Krishnamurthy Subramanian on Saturday said that
CEA Krishnamurthy Subramanian bats for growth over inflation – The Financial Express
Clipped from: https://www.financialexpress.com/economy/cea-krishnamurthy-subramanian-bats-for-growth-over-inflation/2212043/ It will be the first review for RBI since it was tasked with a mandated inflation target of 4 per cent with a
Dealing with stressed business assets: Giving up on time is a smart strategy – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-dealing-with-stressed-business-assets-giving-up-on-time-is-a-smart-strategy/2208738/ Ease of Doing Business for MSMEs: The situation of stressed assets is hardly surprising, given the economy’s stressed assets had quadrupled from $26
Govt committed to promote renewable energy, especially in MSME sector, says Nitin Gadkari – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/govt-committed-to-promote-renewable-energy-especially-in-msme-sector-says-nitin-gadkari/2211916/ The government is committed to promote renewable energy resources in the country, especially in the micro, small and medium enterprises (MSMEs) sector, Union
Can ‘bad bank’ save our stressed economy? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/money/bad-bank-need-of-the-hour/articleshow/81478979.cmsSynopsis India’s earlier experience with bad banks seems to have left a feeling of skepticism. In 2004, when IDBI Limited’s bad loans were bought
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