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
Category: Economy
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
In the backdrop of the challenges of fourth industrial revolution, agriculture needs disruptive digital thinking–MAHESH ZAGADE WRITES–indian express
Clipped from: https://indianexpress.com/article/opinion/columns/industrial-revolution-agriculture-sector-farmers-protests-7188818/ There is a need to take a comprehensive view for a new economic model in the backdrop of the highly distorted economic inequality,
Four banks shortlisted for potential privatisation | Deccan Herald
Clipped from: https://www.deccanherald.com/business/business-news/four-banks-shortlisted-for-potential-privatisation-951510.html The four banks on the shortlist are Bank of Maharashtra, Bank of India, Indian Overseas Bank and the Central Bank of India The
The Budget does not help those facing hunger, unemployment and loss of educational opportunities – Frontline
Clipped from: https://frontline.thehindu.com/economy/the-budget-does-not-help-those-facing-hunger-unemployment-and-loss-of-educational-opportunities/article33789100.ece?homepage=true Teachers serving students the midday meal at a school in Hyderabad on February 3. Schools reopened for Standards IX and X after being
India’s unemployment rate drops to 6.5% in January; employment rate surges to 37.9%: CMIE–business today
Clipped from: https://www.businesstoday.in/sectors/jobs/india-unemployment-rate-drops-65-in-january-employment-rate-surges-379-cmie/story/431334.html The unemployment rate declined to 6.5 per cent in January 2021 from 9.1 per cent in December 2020, while the employment rate surged
Too many questions on bad bank and infra DFI | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/too-many-questions-on-bad-bank-and-infra-dfi-121021400862_1.html Why do we need a bad bank, owned by the banks themselves, when there are at least 28 ARCs around? The headache over
Govt may consider effect on industries before imposing duties | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/govt-may-consider-effect-on-industries-before-imposing-duties-121021400933_1.html In her Budget speech, the finance minister said, “MSMEs and other user industries have been severely hit by a recent sharp rise in
Unlocking public assets | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/unlocking-public-assets-121021400886_1.html Govt’s plan to monetise assets has rewards and risks Ensuring a sufficient flow of funds to the infrastructure sector has been a problem
PM Modi’s 59-minute MSME loan approval: 2.23 lakh applications sanctioned by PSBs; 93% disbursed so far – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-pm-modis-59-minute-msme-loan-approval-2-23-lakh-applications-sanctioned-by-psbs-93-disbursed-so-far/2195158/ Credit and Finance for MSMEs: MSMEs are required to share GST identification number, IT returns, six-month bank statements, and owner’s details to apply
Top NBFCs seek a glide path for switch to banking avatar – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/top-nbfcs-seek-a-glide-path-for-switch-to-banking-avatar/articleshow/80916439.cms Synopsis–Non-bank have also argued that NBFCs in the upper level be given greater flexibility on issues like deposit acceptance, raising of funds through
