Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/stung-by-covid-19-indian-businesses-rethink-worker-benefits/articleshow/80964148.cmsSynopsis Almost a quarter of the informal workers are migrants who typically travel from their villages to bigger cities in distant parts of the
Category: Economy
Compulsory TReDS to ease payment woes for MSMEs, small companies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/compulsory-treds-to-ease-payment-woes-for-msmes-small-cos/articleshow/80947583.cmsSynopsis The Centre is seeking to cut through swathes of bureaucracy and speed up bill payments by getting its departments to compulsorily adopt the
Finance Minister intends to pump money into economy, but people must spend as well – The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2021-finance-minister-intends-to-pump-money-into-economy-but-people-must-spend-as-well/2186958/ The government is willing to forgo fiscal discipline and tolerate fiscal slippage to enable it to spend more to infuse life into the
Budget signals focus on improving tax compliance, increasing transparency–SURANJALI TANDON WRITES: –indian express
Clipped from: https://indianexpress.com/article/opinion/columns/union-budget-tax-compliance-economy-gdp-growth-7190263/ With little flexibility to change rates or to redefine the tax base, it is expected that the rate of growth in tax revenue
Reducing the compliance burden – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/reducing-the-compliance-burden/article33844150.ece?homepage=true A master document of all requirements and setting up single-window systems can be the starting point A reduction in regulatory compliance burden on
Some missing ‘pillars’ in the Budget – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/some-missing-pillars-in-the-budget/article33844308.ece?homepage=true More funds could have been allocated to MGNREGA and PM Garib Kalyan Yojana to spur short-term demand Budget 2021-22, presented in the backdrop
Socio-economic costs of legalising MSP – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/socio-economic-costs-of-legalising-msp/article33844062.ece?homepage=true Farmers harvesting paddy crop in a farm near Amritsar. The water table has fallen alarmingly in Punjab (file photo) – PTI Farmers harvesting
January exports growth hits 22-month high: Commerce ministry data – The Financial Express
Clipped from: https://www.financialexpress.com/economy/january-exports-growth-hits-22-month-high-commerce-ministry-data/2195485/ Imports, too, recorded a second successive month of growth (2% year-on-year) in January but the pace of rise slowed from 7.6% in December
A 5G opportunity for Indian startups–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/a-5g-opportunity-for-indian-startups/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. As the world rolls out the fifth-generation technology
Do not write an obit for Indian Microfinance sector just yet – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/money/do-not-write-an-obit-for-indian-microfinance-sector-just-yet/articleshow/80917807.cmsSynopsis Microfinance industry has bounced back after every crisis. Similar resilience is expected from the sector post the COVID-19 crisis as well The global
Taking a cue from China: How India can help SMEs flourish and prosper – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/taking-a-cue-from-china-how-india-can-help-smes-flourish-and-prosper/articleshow/80917708.cmsSynopsis There have been many factors that aided the growth of Chinese SMEs, including strong cultural advantages and a sharp focus. India too can
Investing in government bonds directly from RBI is a sound option but don’t rush in to buy them – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/investing-in-government-bonds-directly-from-rbi-is-a-sound-option-but-dont-rush-in-to-buy-them/articleshow/80893294.cms Synopsis–Soon retail investors will be able to buy government bonds directly from RBI. Though there are certain advantages of investing in government bonds,
PSBs privatisation: Guessing the list – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/psbs-privatisation-guessing-the-list/article33841181.ece?homepage=true Though experts have their own take on the subject, there is no clear indication on what’s in store Two public sector banks (PSBs)
Small Finance Banks gear up for expansion, higher disbursements – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/small-finance-banks-gear-up-for-expansion-higher-disbursements/article33836401.ece?homepage=true Collection efficiency at pre-Covid level; some customer segments, however, remain impacted With collection efficiencies slowly moving back to normalcy, small finance banks hope
A clear-eyed and consistent Budget – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/a-clear-eyed-and-consistent-budget/article33835943.ece?homepage=true The Budget’s tilt towards capex is not at the expense of the poor, also the better quality of spending will encourage growth The
Micro loans to women improve livelihoods – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/micro-loans-to-women-improve-livelihoods/article33835979.ece Also, the default rate on Deendayal Antyodaya Yojana loans is just 2%, which is much lower than on corporate loans A silent revolution
‘E-comm platforms have reduced export barriers’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/e-comm-platforms-have-reduced-export-barriers/article33836397.ece?homepage=true (Clockwise from left) Abhijit Kamra, Director Global Trade at Amazon India; Lloyd Mathias, Angel Investor and Business Strategist; Raja Rajan, Founder CEO, Boston
Exporters send an SOS after Budget jolt – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/exporters-send-an-sos-after-budget-jolt/article33804150.ece Moves to disallow IGST refunds, allow confiscation of goods will hurt India’s image as supplier: FIEO India’s exporters have red-flagged proposals in the
Agri-market freedom, water accounting could address few problems of agriculture in India–ASHOK GULATI WRITES–indian express
Clipped from: https://indianexpress.com/article/opinion/columns/farmers-protest-bjp-modi-govt-farm-laws-7188817/ Free power, highly subsidised urea and open-ended procurement have become a deadly cocktail that are eating away the natural wealth of Punjab. In
Finance Commission dips into states’ share for Centre’s expenditure, makes system more discretionary–HASEEB A DABRU WRITES–indian express
Clipped from: https://indianexpress.com/article/opinion/columns/finance-commission-states-share-for-centres-expenditure-7188701/ The Fifteenth Finance Commission’s substantive award is status quoist, its design is regressive even though its obiter dicta is reformist. The structural change