-The Hindu Around 41% of OBC-owned units are located in Tamil Nadu, Maharashtra, and Rajasthan. Chennai: Other Backward Classes (OBC) own nearly 30% of micro, small and medium enterprises (MSME) in the country. As on March 31, 2022, the number of MSMEs owned by OBCs was 23.31 lakh units, out of a total of about 80.16 lakh units in the country. Of the OBC-owned units, around 41% are located in three States —...
More »SEARCH RESULT
Total Matching Records found : 480
Is the govt. doing enough for the Jan Aushadhi scheme?
On Janaushadhi Diwas this year (i.e., March 7th, 2022), Prime Minister Shri Narendra Modi stated that the poor and the middle-class benefited from the 'Jan Aushadhi Kendras' that were set up to provide generic drugs at affordable prices. He said that the poor and the middle class saved around Rs.13,000 crore through these stores during the COVID-19 pandemic. In the wake of COVID 19 crisis, the 'Bureau of Pharma PSUs of India'...
More »After beef ban, halal boycott will push farmers to brink: Experts -Donna Eva
-The New Indian Express She said that a majority of farmers are labour class and are usually nomadic, landless or smallholding farmers. BENGALURU: If halal meat is boycotted, as is being demanded by Hindu organisations, it will lead to similar consequences as the ban on cow slaughter did. It will impact the livelihoods of farmers severely, warned experts.Dr Sylvia Karpagam, a public health researcher who recently released a report on the effects...
More »Raising capital the biggest challenge for women-led MSMEs in India: Indifi
-Business Standard The survey discovered that securing capital remains the biggest challenge The number of women-led MSMEs in India has jumped from 2.15 lakh to 1.23 crore in just a decade. However, they face a finance gap of $158 billion and largely rely on informal sources, said a survey by Indifi Technologies, a lending platform for MSMEs, titled ‘Understanding what women-led MSMEs want’. The survey was launched to understand needs and challenges of...
More »How GST is killing small businesses with inspector raj and suffocating compliance -Ritesh Kumar Singh
-ThePrint.in GST was supposed to create a unified market. The opposite is happening with small businesses being harassed with invoice and payments. The introduction of the Goods and Services Tax or GST was supposed to create a unified market of 1.4 billion people and encourage Entrepreneurship and job creation. The other aim was to bring more and more firms into the formal sector of India’s economy, which will help expand the tax...
More »
