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…

It took almost a decade since the SME Exchange has been formalised to see 60 floats in a month. Still the total number of listings on the SME bourses is not something that the growing Indian economy can be proud of.

In India, most SMEs operate in debt markets. Cost of raising debt for SMEs is increasingly becoming problematic both…

Commercial Banks proved sweet nothings in their offerings to the MSEs while a myriad of their loan products focused on medium enterprises or the mid-corporate sector.

Manufacturing MSEs going by RBI November 2016 data reveals that they share 42.9% outstanding credit with a negative growth of 9.2%. Manufacturing sector was the largest employer providing employment to 30.3 million (23.1%) persons,…

“Not all the perfumes of Arabia will sweeten this little hand” (Shakespeare from ‘Meckbeth’)

The rate cuts of 2010 from the RBI did not influence the prices of food articles in particular and others in general, with the food inflation at the alarming level of more than 18%. Rampant corruption surfaced in nooks and corners of the economy. Recently the…

Most micro and small enterprises suffer from delayed payments for their supplies and services. Several contractual engagements with both the government and public sector undertakings also are not honoured.

In line with the long-standing demand of small-scale sector to alleviate the problem of delayed payments the Delayed Payments Act came into being in 1993. The hope that the small scale…