-PTI/ The New Indian Express While sitting MPs are entitled to use the railways' first class air-conditioned or executive class for free, their spouses too can avail free travel under certain conditions. NEW DELHI: Free train travels of sitting and former Lok Sabha members over the past five years have cost the exchequer Rs 62 crore, which included nearly Rs 2.5 crore in the pandemic-hit 2020-21, according to information revealed under the...
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Covid spiked mental health issues in marginalised kids in India: Report
-IANS/Business Standard While the Covid-19 pandemic was hard for all, children belonging to the most marginalised section in India were the worst affected as it led to their increased isolation, affecting their mental health While the Covid-19 pandemic was hard for all, children belonging to the most marginalised section in India were the worst affected as it led to their increased isolation, affecting their mental health significantly, according to a report on...
More »Over a fourth of MSMEs lost more than 3% market share last fiscal: Crisil -Subhash Narayan
-Livemint.com While the industry Ebitda margin is expected to touch pre-pandemic level this fiscal, MSMEs in more than half the sectors will buck the trend. The performance is also underwhelming in the context of corporate India, which is expected to log a 10-14% increase in revenue and Ebitda margin of 19-20% NEW DELHI: More than a quarter of India’s micro, small and medium enterprises (MSMEs) lost over 3% market share due to...
More »More than a quarter of MSMEs lost market share due to pandemic
-The Hindu Business Line Half of them suffered a contraction in their EBITDA margins because of a sharp rise in commodity prices More than a quarter of India’s micro, small and medium enterprises (MSMEs) lost a market share of over 3 per cent due to the Covid-19 pandemic, according to CRISIL Research’s SME Report 2022. Please click here to read more. ...
More »Loans worth ₹37 trillion sanctioned to MSMEs in FY22, up 182% from FY20: Report
-Livemint.com From ₹37.7 lakh in FY20 to ₹72.4 lakh in FY21-22, the average ticket size of MSME loans increased by 92%, the data on MSME loans showed. Total loan sanctioned to MSMEs stood at ₹37.29 trillion in FY22, an increase of roughly 5% over FY21 and 182% over FY20, as per a report by CRIF High Mark, a credit bureau. From ₹37.7 lakh in FY20 to ₹72.4 lakh in FY21-22, the average ticket...
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