Author: Debashis Bandyopadhyay
The Economic Survey 2022-2023 published on Tuesday shows all lights blipping Green! World’s highest GDP growth, continuation of the same during the current year, a healthy private consumption level, increase in capital formation both at public and private sector.
It also highlights a manageable inflation level and indicates the economy of India in a state of…
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: 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…
Credit Guarantee Trust for Micro and Small Enterprises (CGTME) is implementing the flagship programme of Ministry of MSME to provide guarantee to the Banks for collateral free loan to micro and small enterprises upto the credit limit of Rs. 1 crore. Till September, 2015, under the scheme, credit to the tune of Rs. 10, 16, 683 crore have been guaranteed…
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