Author: B. Yerram Raju
Budget support should be growth directed and any fund or grant should have a sunset clause. Hence, budget allocation should be restricted to the micro and small manufacturing enterprises as the services sector has the advantage of passing on the shortfall to the consumer and is also subject to GST after the threshold levels.
Scaling…
Author: Dr. Roopak Vasishtha
Are you looking to update your wardrobe but unsure and confused about what clothes and accessories to choose? An Apparel consultant can help! These professionals provide valuable advice and inputs on fashion and clothing selections, thus helping you make the right choices as per your personal style and needs.
This…
Author: Debashis Bandyopadhyay
World over, listing of Initial Public Offering (IPOs) are taken as maturity of fledgling Small and Medium Enterprises (SMEs). But in India the story so far is different. SMEs with decades of good growth and pink financial health prefer to shun listing in the exchanges, may be due to valid reasons.
But during the last couple of…
Author: Debashis Bandyopadhyay
The MSME Policy announced by the Uttar Pradesh Government recently provides for quite a few innovative solutions to the crucial problems faced by the MSMEs of the state. The most important may be allocation of Gram Sabha land for setting up of industrial estates. Availability of land as well as sky rocketing of land prices are the…
Author: Madhu Sudan Sharma
Though there are several reasons of road accidents and crashes especially during this time of the year but over speeding and drunken driving is the main while going for a tour either by self-driven car or a hired taxi.
The common people usually avail the services of small and medium level tour operators, travel agents, taxi…
Author: Arindam Lahiri
Firstly, it is of the utmost importance to be aware that the Electric Vehicle (EV) industry is fundamentally multidisciplinary. This is because the industry requires the experience of experts who work in a variety of engineering subfields. Chemical engineers are exceptionally skilled in the chemistry of batteries, but electrical engineers are most equipped to determine the most…
Author: Debashis Bandyopadhyay
Finally, it appears the foreign trade policy, 2021-26 is going to be announced. Though there is no official announcement, media predict that the long delayed FTP is finally going to be released on 29 September, 2022.
The last FTP, originally for the five period of 2015-2020, was deferred twice in 2020 and 2021 citing the unprecedented…
Author: Sundeep Mohindru
The Government of India introduced MSME in accordance with the MSMED (Micro, Small, and Medium Enterprises Development) Act of 2006. In November 2021, the government introduced the Special Credit Linked Capital Subsidy Scheme for MSMEs (Micro Small and Medium Enterprises) within the service industries. Recent scheme involves a 25 per cent capital subsidy for the…
Author: B. Yerram Raju
-- Despite the MSME Development Act, 2006, and Atmanirbhar Bharat Abhiyan package in the pandemic the manufacturing micro and small enterprises (MSEs) continue to suffer in the areas of credit, supply chains, and technologies. Mid corporates or the medium enterprises constituting just two per cent of the total MSMEs get better attention than the MSEs under the law. If after…
By B Yerram Raju
-- The Draft National MSME Policy, targeting V-shaped recovery after the Covid pandemic and the $5-trillion economy by 2025 (since extended by two years to 2027), seems to have seen the world more than India. There is a virtue in looking at the policies of other countries during the pandemic. However, the policy nowhere mentions…
