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…