Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-covid-hit-msmes-shutdown-nitin-gadkari-says-no-data-maintained-by-government-due-to-this-reason/2191127/ Ease of Doing Business for MSMEs: 88 per cent of the PMEGP beneficiaries reported that they were negatively affected, according to a KVIC
Category: Economy
MSME registration crosses 20-lakh mark on Modi govt’s Udyam portal; nearly doubles in three months – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-tech-msme-registration-crosses-20-lakh-mark-on-modi-govts-udyam-portal-nearly-doubles-in-three-months/2191291/ Technology for MSMEs: Udyam Registration is currently integrated with the Central Board of Direct Taxes and GST networks along with the public procurement portal
‘India lost more than a year’s worth of growth; can’t afford to go on a debt binge’ – The Financial Express
Clipped from: https://www.financialexpress.com/budget/india-lost-more-than-a-years-worth-of-growth-cant-afford-to-go-on-a-debt-binge/2187664/ Union Budget 2021 India: The economic contraction — the first in India since the 1970s — has put pressure on its government like
Basic Customs Duty on mobile phone components to spur localisation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/basic-customs-duty-on-mobile-phone-components-to-spur-localisation/articleshow/80768190.cmsSynopsis Sandeep Narula, Chairman of ESC said: “The imposition of customs duty is designed to make India a strong assembling hub, and will considerably
budget 2021: Prudence doesn’t mean stinginess or frugality: TV Somanathan, Expenditure Secretary – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/interviews/prudence-doesnt-mean-stinginess-or-frugality/articleshow/80675313.cmsSynopsis Revenue estimates have been prepared in a somewhat conservative manner… The numbers are reasonable, but it can still go wrong. If we do
Discretionary consumption coming back: Amnish Aggarwal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/discretionary-consumption-coming-back-amnish-aggarwal/articleshow/80768959.cmsSECTIONSDiscretionary consumption coming back: Amnish AggarwalLast Updated: Feb 09, 2021, 05:17 PM ISTSynopsis ‘Small and medium scale enterprises have been under pressure.’ Shift towards
Expect 20-25% uptick in financials and 40% upside in banks in near term – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/expect-20-25-uptick-in-financials-and-40-upside-in-banks-in-near-term-avneesh-sukhija/articleshow/80770179.cmsSECTIONSExpect 20-25% uptick in financials and 40% upside in banks in near termLast Updated: Feb 09, 2021, 06:32 PM ISTSynopsis The capex that everyone
India was a laggard last year, this Budget has changed growth trajectory: Punita Kumar Sinha – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/india-was-a-laggard-last-year-this-budget-has-changed-growth-trajectory-punita-kumar-sinha/articleshow/80770980.cmsSECTIONSIndia was a laggard last year, this Budget has changed growth trajectory: Punita Kumar SinhaLast Updated: Feb 09, 2021, 07:20 PM ISTSynopsis There could
PF interest rate: Tax on PF interest will change the way we invest in it: How the Budget hits your PF – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/tax-on-pf-interest-will-change-the-way-we-invest-in-it-how-the-budget-hits-your-pf/articleshow/80720630.cmsSynopsis This is not the first time the government has proposed to tax Provident Fund money. A significant number of salaried employees use the
Government may issue clarification on e-commerce sector: Piyush Goyal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/govt-considering-certain-clarifications-on-fdi-in-e-commerce-sector-piyush-goyal/articleshow/80771632.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Separately, the minister also said that India is waiting for the confirmation of the new United States Trade Representative before starting a dialogue
Fiscal policy must be counter-cyclical: Krishnamurthy Subramanian, CEA – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/fiscal-policy-must-be-counter-cyclical/articleshow/80774266.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis It’s quite likely that fiscal deficit will be lower than what’s mentioned. When you under-promise and over-deliver, it generates enormous credibility, says Krishnamurthy
What recovery? Clothes retailers cut orders while factories fight to survive – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/what-recovery-clothes-retailers-cut-orders-while-factories-fight-to-survive/articleshow/80759349.cmsSynopsis The pain is flowing to major garment manufacturing centres like Bangladesh, whose economies rely on textile exports. Factories are struggling to stay open.
Privatisation: Selling a house bank – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/privatisation-selling-a-house-bank/2190707/ The issue of sale price has been largely ignored in post-Budget market euphoria By Ashish Kapur & Vineet AgarwalDuring the pandemic-induced lockdown when
Health & Wellbeing: Going beyond wealth and healthcare – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/health-wellbeing-going-beyond-wealth-and-healthcare/2190721/ Focusing on prevention is fine, but given India’s massive burden of premature deaths and disability, mere 10.2% increase in MoHFW’s budget vis-à-vis 2020-21
Can’t delay farm reforms anymore, says PM Narendra Modi – The Financial Express
Clipped from: https://www.financialexpress.com/india-news/cant-delay-farm-reforms-anymore-says-pm-narendra-modi/2190726/ Urging the farmer unions to end their two-and-a-half-month-long agitation, the PM said “we will find a solution together…all the doors are open for
Could Brexit heal the world? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/could-brexit-heal-the-world/2190738/ With Brexit taking one of the most difficult hurdles out of the picture, the grand scheme of a “United States of Europe” will
Agri grants: Finance Commission sows seeds of change – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/agri-grants-finance-commission-sows-seeds-of-change/2190732/ The recommendation of the 15th finance commission are in the right direction; `45,000 crore in grants is not small, but states might need
‘King’ and ‘Common Good’ | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/comment/king-and-common-good-948098.html Governance Fundamentals Finance Minister Nirmala Sitharaman, while presenting the Budget on February 1, quoted Thiruvalluvar — “A king or ruler is one who
A great disappointment to Indian masses | BUDGET 2021: Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/main-article/budget-2021-a-great-disappointment-to-indian-masses-947234.html Incidentally, the election orientation of the Budget is something that is not hidden from the eyes of the public A majority of Indians
A growth-oriented fiscal stimulus | Deccan Herald
The government cannot spend even a rupee without the consent of Parliament. Hence, its annual spending plan, called the Union Budget, is tabled in the