-The Indian Express Maharashtra does not rank among the top five states in terms of loans disbursed. It could garner just 4% share in the total loans but generated the maximum additional jobs of 15%. Just five states, Tamil Nadu, Karnataka, Odisha, Bihar and West Bengal, account for about 70% of total loans disbursed — by value — under the Mudra scheme during April 2015 to December 2017, according to the...
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States need to have better control on long-term credit flow: NITI Aayog official
-PTI New Delhi: State governments need to capitalise their credit institutions to get access to long-term finance and have better control over their credit flow, a NITI Aayog official said. The states have no control over the long-term finance right now, but nobody is stopping them from recapitalising finance corporations which will allow them to on-lend at attractive rates to Entrepreneurs, NITI Aayog Special Secretary Yaduvendra Mathur said. “States can’t just wait that...
More »Manmohan Singh assails govt on slowdown: How the former PM has emerged as a strong Modi critic
-The Indian Express From economic issues to demonetisation or agrarian distress, Manmohan Singh has now become one of the strongest voices of the Opposition against Prime Minister Narendra Modi. New Delhi: Former Prime Minister Manmohan Singh has rarely made public interventions in the last few years since the BJP came to power but whenever he has spoken, it has weighed heavily for the saffron party to ignore or paper over. From...
More »Slowdown may render 30 lakh MSME workers jobless: KASSIA
-The Hindu Karnataka has over 6,00,000 small industries that employ over 70 lakh people Bengaluru: If the Union government fails to come up with precautionary measures to minimise the impact of the economic slowdown on the MSME (Micro Small & Medium Enterprises) sector, at least 30 lakh people will go jobless in Karnataka, cautions industry apex body, KASSIA (Karnataka Small Scale Industries Association). “The recession is no more a fear, but a...
More »A missed opportunity for game-changing reforms in agriculture -Sukhpal Singh
-The Hindu Business Line There are no schemes for much of agriculture, and small ruminants have been ignored. The Economic Survey had a full chapter on agriculture and food management issues. It had a separate section on small ruminants for the first time, and also showed that only one of the ongoing schemes for the livestock sector attends to their concerns. The Budget provides for creating a fund for upgrading of traditional industries...
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