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Over a fourth of MSMEs lost more than 3% market share last fiscal: Crisil -Subhash Narayan

-Livemint.com While the industry Ebitda margin is expected to touch pre-pandemic level this fiscal, MSMEs in more than half the sectors will buck the trend. The performance is also underwhelming in the context of corporate India, which is expected to log a 10-14% INCrease in revenue and Ebitda margin of 19-20% NEW DELHI: More than a quarter of India’s micro, small and medium enterprises (MSMEs) lost over 3% market share due to...

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NITI Aayog launches report on gig economy in India: Key takeaways -Haripriya Suresh

-MoneyControl.com The report looks at the present size of the sector, its job generation potential, and also offers recommendations for growth. India’s gig workforce, estimated to be at 77 lakh in 2020-21, is expected to go up to 2.35 crore by 2029-30, according to a NITI Aayog report. The report, titled 'India's Booming Gig and Platform Economy' looks at the present size of the sector, its job generation potential, and also offers...

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Gig economy in India to employ 23.5 million by 2030, says NITI Aayog report -Isha Sahai Bhatnagar

-Hindustan Times Over 20% of the 7.7 million jobs in India’s gig economy are classified as high-skilled jobs and 31% as low-skilled jobs. The remaining 47% are classified as medium-skilled jobs India’s gig economy is estimated to employ 7.7 million people and is set to nearly triple to 23.5 million by 2029-30, a new report by the NITI Aayog said on Monday. The report, ‘India’s Booming Gig and Platform Economy’, is the first...

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Northeast battles deluge but IMD says monsoon rain declined over three decades -Jayashree Nandi

-Hindustan Times Nearly every year these parts of the northeast suffer deluge during monsoon months. However, IMD’s analysis of ‘rainfall variability and changes over different states’ for the period between 1989 and 2018 for Assam suggests that monthly rainfall for all monsoon months between June and September is recording a decreasing trend. The flood situation in Assam and Meghalaya continued to remain alarming due to ongoing extremely heavy rainfall in the northeastern...

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How Indian women bear the brunt of deadly heatwaves -- indoors and outdoors -Disha Shetty

-Scroll.in From reduced productivity leading to lowered INComes, to dangerous indoor heat as a result of cramped conditions, extreme weather is taking its toll. Each night, Aliya Shakir Sheikh keeps one eye fixed on her toddler and three-day-old baby. At the same time, she struggles to stay focused on work, painstakingly sticking tiny, shiny stones onto embroidered cloth by hand. Time is of the essence: the unbearable heat has already made her...

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