-Financial Express Due to the steep rise in raw material prices, many small enterprises have crossed the threshold of small enterprises and graduated to medium, making them ineligible for Government subsidies. Federation of Indian Micro and Small & Medium Enterprises (FISME) is calling for suggestions to put before the central Government as they seek to revise the definition of Micro, Small and Medium Enterprises (MSMEs) in the country. The criteria for Udyam...
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State govt orders district authorities to follow MGNREGA guidelines -Pranesh Sarkar
-The Telegraph The development is considered significant in the backdrop of Centre’s decision to freeze funds under the scheme citing embezzlement Calcutta: The state panchayat and rural development department has asked district authorities to strictly follow all norms for projects under the 100 days’ job scheme when central funds are released. The development is considered significant in the backdrop of the Centre’s decision to freeze funds under the scheme citing embezzlement. “The development is...
More »India’s ‘salaried class’ shrank during Covid, Muslims hit hardest, govt data suggests -Nikhil Rampal
-ThePrint.in India’s salaried class shrank by 2.7 percentage points during pandemic, govt’s Periodic Labour Force Survey (PLFS) shows. But data for religious minorities, women is even bleaker. New Delhi: There’s much to lament in India’s post-Covid job market, where recovery has been painfully slow. However, Government data suggests that when it comes to the salaried sector, the participation of religious minorities — Muslims, Sikhs, and Christians, in that order — has been...
More »India's female employment set to rise but may not be transformational
-Moneycontrol.com India’s low level of female participation is due to two major structural factors: more young women staying in education and a historic failure to implement labour market reforms and develop a strong manufacturing base. India’s female employment is set to rise over the coming years but may not be transformational, Capital Economics said in a note, after Prime Minister Narendra Modi focussed on women’s power in his Independence Day address. “We agree...
More »Govt data: Only 18% of 1 crore registered MSMEs owned by women entrepreneurs -Parvathy Pillai
-Financial Express Ease of Doing Business for MSMEs: As of August 3, 2022, 17,96,408 enterprises were women-owned MSMEs out of the total 99,58,903 MSMEs registered on the Udyam portal. Ease of Doing Business for MSMEs: 18 per cent of micro, small and medium enterprises (MSMEs) registered in the country are owned by women entrepreneurs, according to Government data. As of August 3, 2022, 17,96,408 enterprises were women-owned MSMEs out of the total...
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