-The Indian Express The Planning Commission numbers show that in the unorganised manufacturing sector, value added per worker has come down by over 5 per cent in the last decade. The Congress and the BJP manifestoes for the general elections talk about the need for raising employment numbers in multipliers but hardly show any understanding of where to maximise those. For both, the Holy Grail is rising of the profile of the...
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Women entrepreneurs face constraints in accessing finance
A new report entitled Improving Access to Finance for Women-owned Businesses in India (2014), jointly produced by the International Finance Corporation (IFC) and Government of Japan, underlines the importance of lending to women-owned micro, small and medium enterprises (MSMEs)* in India (see the link below). It discusses the problem of accessing finance faced by women entrepreneurs despite them having stronger repayment track records vis-à-vis men (non-performing loans are 30 to...
More »Karnataka LS members spent 75 p.c. of MPLADS funds-Anil Kumar Sastry
-The Indian Express They were entitled to a total of Rs. 516.93 cr. in 2009-14 Bangalore: Members of the 15th Lok Sabha from Karnataka have spent about 75 per cent of the funds under the Member of Parliament Local Area Development Scheme (MPLADS). Among them, Bellary MP J. Shantha has spent the least - Rs. 5.89 crore out of the Rs. 12.11 crore released (48.65 per cent). According to the Union Ministry of...
More »PM-headed panels hardly ever met, says RTI query -Sandeep Pai
-The Hindustan Times Several important councils and committees formed and headed by Prime Minister (PM) Manmohan Singh have either not met even once or only rarely, according to a Right to Information (RTI) reply procured by HT from the Prime Minister's office (PMO). Important committees on nutrition, skill development, climate change, and micro, small, medium enterprises (MSME) - all under the PM's stewardship - haven't met for years, says the RTI query. Interestingly,...
More »Pulling manufacturing out of the rut-Arun Maira
-The Hindu It is the only sector that can create jobs and prevent the economic crisis from deepening In the last two decades, the Indian economy has witnessed a transformational change to emerge as one of the fastest growing economies in the world. Economic reforms unveiled in 1991 have brought about a structural shift enabling the private sector to assume a much larger role in the economy. GDP growth has largely been...
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