Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/covid-impact-banks-might-be-staring-at-a-spike-in-retail-npas/articleshow/80615103.cms SynopsisRBL Bank’s gross NPAs fell to 1.84% compared to 3.33% a year ago, but including loans that were not classified as NPAs due
Category: MSME-Startup
Making structural changes can give fillip to the MSMEs in the upcoming budget – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/making-structural-changes-can-give-fillip-to-the-msmes-in-the-upcoming-budget/articleshow/80598173.cmsSynopsis It is critical for the government to take some bold moves that helps in revival of the sector and boosts investor confidence. Covid-19 impacted
A case for better tax-policies for MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/a-case-for-better-tax-policies-for-msmes/articleshow/80609973.cmsSynopsis Tax reforms and schemes that ought to encourage trading and ease of business – including on e-commerce platforms – have seemingly complicated the
Strong-arm tactics, no answer to loan default – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/strong-arm-tactics-no-answer-to-loan-default/article33678063.ece By imposing a hefty fine on an NBFC, the central bank is sending a message to lenders Many digital apps adopt the “first
Govt. may tweak customs duty on a host of goods in Budget – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/govt-may-tweak-customs-duty-on-a-host-of-goods-in-budget/article33663254.ece Levy on telecom gear, rubber products likely to be reworked The government may tweak customs duty in the Budget next week on several
Can the next budget unleash a grass-root revolution in India? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/can-the-next-budget-unleash-a-grass-root-revolution-in-india/2182197/ Budget fy22 can address india’s poverty problem if it scales up the importance of small entrepreneurs By Ejaz Ghani Can the next budget
Expectations for MSMEs: MSMEs seek extension of credit guarantee scheme, interest subvention coverage | BUDGET 2021 –The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2021-expectations-msmes-seek-extension-of-credit-guarantee-scheme-interest-subvention-coverage/2173309/ Union Budget 2021 Expectations for MSMEs: The government had waived the onboarding fee of Rs 10,000 on TReDS platforms in September last year
Budget 2021 Expectations for Startups: Angel Tax norms should be further eased to benefit startups, say experts | The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2021-expectations-angel-tax-norms-should-be-further-eased-to-benefit-startups-say-experts/2174363/ Union Budget 2021 Expectations for Startups: Angel Tax is levied on non-DPIIT registered startups receiving investments from angel investors if the consideration for
Budget 2021 Expectations for MSMEs: ‘Govt should extend PLI scheme to MSMEs, enhance 25% public procurement limit’ | The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2021-expectations-govt-should-extend-pli-scheme-to-msmes-enhance-25-public-procurement-limit/2181335/ Union Budget 2021 Expectations for MSMEs: Atmanirbhar Bharat and indigenization announcements are initiatives that would guide the industrial policy imperatives for the next
As banks fix their act, give MSME equity–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/as-banks-fix-their-act-give-msme-equity/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The Economic Survey cautions against extended forbearance of
Enhanced trade facilitation a priority to make exports more competitive – ECONOMIC SURVEY 2020-21–The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/economic-survey-2020-21-enhanced-trade-facilitation-a-priority-to-make-exports-more-competitive/articleshow/80579561.cmsSynopsis Stressing the significance of a resilient logistics sector especially in the backdrop of the Covid-19 pandemic, the Survey noted how such resilience could
Economic survey: Economic Survey reveals Government’s rationale behind revising the definition of MSME – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/economic-survey-20-2021-reveals-governments-rationale-behind-revising-the-definition-of-msme/articleshow/80582395.cmsSynopsis The need for a change in definition, that’s aimed at offering small firms the incentives to grow and thereby reap economies of scale
What to expect from FM Nirmala Sitharaman’s third act–BUDGET 2021–business today
Clipped from: https://www.businesstoday.in/union-budget-2021/columns/budget-2021-what-to-expect-from-fm-nirmala-sitharamans-third-act/story/429433.html The government should speedily release all outstanding payments or tax refunds owed to service providers in the form of pending bills. This includes
TReDS: TReDs was touted as the tool to tackle delayed payments to MSMEs. Did it succeed? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/money/treds-was-touted-as-the-tool-to-tackle-delayed-payments-to-msmes-did-it-succeed/articleshow/80551986.cms Synopsis–TReDS was supposed to be a game changer-a platform that could sort out the issue of delayed payments for MSMEs. Almost five years
What Economic Survey 2020-21 says about India’s startup ecosystem – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/startups/what-economic-survey-2020-21-says-about-indias-startup-ecosystem/articleshow/80586774.cmsSynopsis The government has recognised 41,061 startups so far, more than 39,000 of which have reported 4,70,000 jobs, according to the Economic Survey 2020-21.
Budget 2021: Measures FM Nirmala Sitharaman should announce to spur pandemic-hit economy–business today
Clipped from: https://www.businesstoday.in/union-budget-2021/expectations/budget-2021-measures-fm-nirmala-sitharaman-should-announce-to-spur-pandemic-hit-economy/story/429078.html While the urgent requirement is to revive demand and consumption, measures for improving India’s competitiveness are important for long-term sustainability and economic prosperity
Go for growth: The Budget must focus overwhelmingly on reviving economic growth
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/go-for-growth-the-budget-must-focus-overwhelmingly-on-reviving-economic-growth/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
Fintech company Jai Kisan partners with KVGB to help rural customers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/fintech-company-jai-kisan-partners-with-kvgb-to-help-rural-customers/articleshow/80476746.cmsSynopsis Jai Kisan is bridging the need for innovative, practical and tech-driven solutions to deploy financial services in a sustainable, cost-effective and scalable manner
Budget Byte: Banks’ non-performing assets likely to bulge in 2021 | Business Standard News
Clipped from: https://www.business-standard.com/budget/article/budget-byte-banks-non-performing-assets-likely-to-bulge-in-2021-121012601093_1.html This daily series of graphs provides context to some of the critical issues relating to the Union Budget on February 1 MSMEs bear the
R&D focus necessary to meet target of $1 trillion exports: FIEO’s Ajay Sahai – The Economic Times Video | ET Now
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/rd-focus-necessary-to-meet-target-of-1-trillion-exports-fieos-ajay-sahai/videoshow/80462605.cms Container shortage, slow sales and lack of adequate credit in the backdrop of the pandemic left the exports sector clamouring to survive. Will