-TheWire.in Pradeep Multani, president of the PHD Chamber of Commerce and Industry, talks about how the shortage of raw materials and high input prices are posing a challenge to small businesses in India. Mumbai: Inflation pressures are looming ominously on the Indian business horizon. While the margins of large domestic and multinational corporations have come under pressure, they still have the balance sheet heft to absorb raw material price shocks and the...
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Get these wrinkles out of the South Asian textile story -Syed Munir Khasru
-The Hindu Ensuring government support for financial incentives, upgrading technologies and reskilling labour are key challenges South Asia became a major player in the global textiles and clothing market with the onset of the third wave of global production. Bangladesh joined the league in the 1980s, owing to the outbreak of the civil war in Sri Lanka. Supportive industrial policy was an instrumental factor in the 1990s, with zero duty on raw...
More »Unravelling the Capex Push -CP Chandrasekhar and Jayati Ghosh
-Macroscan.org/ The Hindu Business Line The centre-pieces of the 2021-22 budget and the projected budget for 2022-23 fiscal years is the claim by the Finance Minister to have increased capital expenditure sharply in order to strengthen infrastructure in seven areas (Roads, Railways, Airports, Ports, Mass Transport, Waterways, and Logistics Infrastructure). Please click here to access. * This article was originally published in the Business Line on February 7, 2022. ...
More »1,750 Indians died due to extreme weather events in 2021, says new IMD report
In the month of January this year, more than 100 homeless persons died (please click here and here to access) in Delhi-NCR due to cold wave like conditions. Although a Delhi-based non-government organisation (NGO) Centre for Holistic Development (CHD) made that claim, and therefore asked the Chief Minister of Delhi to make proper arrangements for the homeless poor during winters, the officials of the Delhi Urban Shelter Improvement Board (DUSIB)...
More »MSMEs: Engines of growth for new India -M Srikanth and KG Suresh
-The Hindu Business Line From easing access to credit to leveraging the PLI scheme, MSMEs can tap into a range of policy initiatives In November 2021 the government announced the Special Credit Linked Capital Subsidy Scheme for the MSMEs (Micro Small and Medium Enterprises) in the services sector. The scheme has a provision of 25 per cent capital subsidy for procurement of service equipment through institutional credit to the SMEs for advancement...
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