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$adminprix = 'admin' $rn = object(App\Model\Entity\Article) { 'id' => (int) 64051, 'title' => 'Bullish on the India story, but banks not helping: MSME sector -K Sunil Thomas ', 'subheading' => null, 'description' => '<p style="text-align:justify">-TheWeek.in</p> <p style="text-align:justify"><em>Demand funding to recover from pandemic shock</em></p> <p style="text-align:justify">Indian businesses are bullish on the economy and India’s growth story, but could do with some help from the banking system. This was the message Indian businesses, especially those from the medium and small scale industries sector, have for the establishment.</p> <p style="text-align:justify">“When it comes to cost of capital, our banks have not done enough,” said Saket Dalmia, the new president of the PHD Chamber of Commerce, generally considered the leading industry body for the MSME sector.</p> <p style="text-align:justify">Badly battered by the pandemic, its lockdown and subsequent economic downturns, the MSME sector has been struggling. One report last year estimated that as much as one-third of MSMEs had shut down or were on the verge of going under.</p> <p style="text-align:justify">The reasons are not far to seek—the lack of access to desperately needed funds, despite the many schemes and stimulus announced by the union government, including ECLGS.</p> <p style="text-align:justify">Please <a href="https://www.theweek.in/news/biz-tech/2022/10/12/bullish-on-the-india-story-but-banks-not-helping-msme-sector.html">click here</a> to read more. </p> ', 'credit_writer' => 'TheWeek.in, 12 October, 2022, https://www.theweek.in/news/biz-tech/2022/10/12/bullish-on-the-india-story-but-banks-not-helping-msme-sector.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'bullish-on-the-india-story-but-banks-not-helping-msme-sector-k-sunil-thomas', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $imgtag = false $imgURL = 'TheWeek.in, 12 October, 2022, https://www.theweek.in/news/biz-tech/2022/10/12/bullish-on-the-india-story-but-banks-not-helping-msme-sector.html' $titleText = 'Bullish on the India story, but banks not helping: MSME sector -K Sunil Thomas ' $descText = '-TheWeek.in Demand funding to recover from pandemic shock Indian businesses are bullish on the economy and India’s growth story, but could do with some help from the banking system. 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$adminprix = 'admin' $rn = object(App\Model\Entity\Article) { 'id' => (int) 64051, 'title' => 'Bullish on the India story, but banks not helping: MSME sector -K Sunil Thomas ', 'subheading' => null, 'description' => '<p style="text-align:justify">-TheWeek.in</p> <p style="text-align:justify"><em>Demand funding to recover from pandemic shock</em></p> <p style="text-align:justify">Indian businesses are bullish on the economy and India’s growth story, but could do with some help from the banking system. This was the message Indian businesses, especially those from the medium and small scale industries sector, have for the establishment.</p> <p style="text-align:justify">“When it comes to cost of capital, our banks have not done enough,” said Saket Dalmia, the new president of the PHD Chamber of Commerce, generally considered the leading industry body for the MSME sector.</p> <p style="text-align:justify">Badly battered by the pandemic, its lockdown and subsequent economic downturns, the MSME sector has been struggling. One report last year estimated that as much as one-third of MSMEs had shut down or were on the verge of going under.</p> <p style="text-align:justify">The reasons are not far to seek—the lack of access to desperately needed funds, despite the many schemes and stimulus announced by the union government, including ECLGS.</p> <p style="text-align:justify">Please <a href="https://www.theweek.in/news/biz-tech/2022/10/12/bullish-on-the-india-story-but-banks-not-helping-msme-sector.html">click here</a> to read more. </p> ', 'credit_writer' => 'TheWeek.in, 12 October, 2022, https://www.theweek.in/news/biz-tech/2022/10/12/bullish-on-the-india-story-but-banks-not-helping-msme-sector.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'bullish-on-the-india-story-but-banks-not-helping-msme-sector-k-sunil-thomas', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $imgtag = false $imgURL = 'TheWeek.in, 12 October, 2022, https://www.theweek.in/news/biz-tech/2022/10/12/bullish-on-the-india-story-but-banks-not-helping-msme-sector.html' $titleText = null $descText = '-TheWeek.in Demand funding to recover from pandemic shock Indian businesses are bullish on the economy and India’s growth story, but could do with some help from the banking system. This was the message Indian businesses, especially those from the medium and small scale industries sector, have for the establishment. “When it comes to cost of capital, our banks have not done enough,” said Saket Dalmia, the new president of the PHD Chamber of...' $foundposition = false $startp = (int) 0 $endp = (int) 200preg_replace - [internal], line ?? include - APP/Template/SearchResult/index.ctp, line 35 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::render() - CORE/src/View/View.php, line 880 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
