Recently, I had an opportunity to address a comity of field officers of a public sector bank at the IDBI Staff College on the subject “Understanding SMEs and their financial needs”. It was a 3-hour session. It was an eye-opener for me that 90 per cent of them spent only one and half hours with the entrepreneur and 80…

Author: B. Yerram Raju

Even as we await the fine print my quick take on the Union Budget 23-24 released on Wednesday (February 1) is that it has a number of hopefuls. It is growth-oriented on the face of it. Except Karnataka, States do not have much to expect.

The middle class has a lot to cheer…

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: 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…

Blog written by: B. Yerram Raju

Usually, the Economic Survey presented a day before the Union Budget is expected to lay the foundation for a policy direction. It acknowledges the challenging times for policymaking – this time against the backdrop of the pandemic impact, especially on the vulnerable sections, fall in consumption in the medium term and…

Telangana Government has created efficient policy instruments around TSiPASS, T-PRIDE,T-IDEA, RICH, and TASK, TIHCL as part of the MSME ecosystem. MSMEs in the state today do not face power outages, voltage fluctuations. They do not suffer scarcity of industrial water. Tolerance to pollution is going down al bait slowly but surely. Disruptive Digital technologies, particularly Artificial intelligence and Man Machine…

Huge NPAs in corporate sector of the order exceeding Rs.10trillion and the increasing credit outflow for MSMEs from the NBFCs, on the verge of taking away the meat our of the portfolio have woken up the commercial banks to lend to this sector more responsibly. Banks like SBI, Canara Bank, Indian Bank, Syndicate Bank, and PNB are in the lead…

India has been the cynosure’s eye in regard to the announced growth of 7.1% for 2017-18 in spite of fall in manufacturing growth and wavering agriculture growth. Analysts have various expectations ranging from 7.5% for the next fiscal even amidst fears of rising inflation expectation from the RBI.

The much touted macroeconomic fundamentals, EODB rankings not withstanding are shaken with…

Most environmental economists in all the international fora admitted the cause and consequence of global warming resting in pollution – air, water, sound and atmosphere. It is difficult to analyse the problems relating to costs and benefits. For example, the benefits are reaped by the present consumers of nuclear power; the costs, if any, are borne by the future generations…