-Livemint.com Panel on doubling farm incomes proposes shifting from supply-led to demand-led production system New Delhi: The government should undertake a radical overhaul of the agriculture ecosystem by moving from a supply-push production system to a demand-led one, according to a committee set up by the centre to recommend strategies to double farmer incomes by 2022. The agriculture ministry should also set up an “empowered committee” to operationalize and monitor progress of doubling...

-Business Standard Among various solutions, AIMO pushed for the supply of raw materials such as steel and aluminium to MSMEs at a lower subsidised cost Chennai: The TMSME (Traders, micro, small and medium enterprises) sector has seen a loss of around 3.5 million jobs in the past 4.5 years, according to a survey conducted by the All India Manufacturers Organisation (AIMO). Demonetisation and the goods and services tax (GST) are the main...

-The Indian Express While job loss was reported at the rate of 43% in the trader segment, micro-segments reported job losses of 32%, small segments reported 35% and medium-scale industries reported 24% job losses. Traders and micro, small and medium enterprises (MSMEs) across the country have reported steady job loss and declining profits since 2014 and demonetisation, the roll-out of GST are among the reasons for the slowdown, according to a...

-The Hindu Efforts to make agriculture climate-resilient must be scaled up and consolidated The pervasiveness of climatic aberrations and the associated socio-economic vulnerability are now widely recognised and experienced across the globe. The Sixth Assessment Report by the Intergovernmental Panel on Climate Change (IPCC) on “Global Warming at 1.5°C” distinctly propagates the need to strengthen and enhance existing coping capacity and to remain committed to the objectives of the Paris Agreement. The report...

-The Hindu Business Line TN entrepreneurs account for 10% of loans disbursed Pune: The growth of entrepreneurship in the non–corporate small business sector (NCSB) in smaller States has not received any major boost under the Central government’s ambitious MUDRA loan scheme. Data show that States that already have higher Credit–Deposit (C-D) ratios — a yardstick that indicates better access to institutional credit — are the ones reaping the benefit of the scheme. While six...