-The Hindu An RBI panel’s suggestions on the MSME sector cut to the heart of crucial issues The micro, small and medium enterprises (MSME) sector in India is not only a key engine of growth, contributing more than 28% of the GDP and about 45% to manufacturing output. It is also a true reflection of economics where people really matter. Providing employment to about 111 million people, the sector’s health is crucial...
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PM Modi's pet schemes underperforming in Gujarat: Report -Avinash Nair
-The Indian Express Stress faced by certain industries, drought in some areas hurt patronage of financial schemes for MSMEs, says State Level Bankers’ Committee report Ahmedabad: The Union government’s high profile financial aid schemes meant to support the micro, small and medium enterprises of the country have not performed as well as expected in Gujarat, a report of the State Level Bankers’ Committee (SLBC) released on Tuesday showed. Districts such as...
More »How Many Jobs Did MUDRA Create? Modi Won't Tell You Before Election
-Newsclick.in Earlier, the government stopped the release of the NSSO report on unemployment for 2017-18 and the sixth Labour Bureau annual employment-unemployment survey. Both showed an unprecedented rise in job losses. New Delhi: For the third time, the Narendra Modi government has stopped the release of government data on jobs created in the country before the 2019 Lok Sabha elections. The Indian Express reported on March 14, 2019 that a survey by the...
More »Only 3.32 lakh MSME jobs created in last four years, finds CII survey
-The Hindu Govt. data for 2012-2015 recorded 11.54 lakh new jobs The number of net jobs created in the Micro, Small and Medium Enterprises (MSME) sector in the last four years stood at just 3,32,394, which is 13.9% higher than the base four years ago, according to a CII survey of more than one lakh companies. The findings for the four-year period — beginning 2015-16 — pale in comparison with that from the...
More »MSMEs created 1.5 crore jobs a year since 2014: Survey
-The Times of India NEW DELHI: A survey of 105,347 micro, small and medium enterprises firms (MSME), has shown a growth of 13.9% in net jobs created over the last four years at 3.3% per annum. The survey conducted by the Confederation of Indian Industry (CII) said the overall job creation works out to 13.5 to 14.9 million per annum given that the total workforce size according to the Labour Bureau is...
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