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COVID-19: Factory turns oxygen plant in Kota entrepreneur's bid to help

-The New Indian Express Rajesh Aggarwal's Akash plant in Bhimpura near Rampur Industrial Area in Kota earlier produced all kinds of gas materials and supplied them in the local market. JAIPUR: Bold individual efforts have stood in good stead for oxygenstarved Rajasthan. An entrepreneur in the academic coaching city of Kota has found a unique way to tackle the crisis. He has got his factory converted into an oxygen plant in a...

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2020 lockdown shut 11% women MSMEs, only 1% got back on feet with govt help, finds study -Nilanjana Bargotra, Kartikeya Bhatotia, M P Karthick and Mridulya Narasimhan

-ThePrint.in Krea University researchers surveyed 2,083 non-agricultural enterprises in Bihar, Chhattisgarh, Madhya Pradesh, and Odisha to examine the impact of Covid-19 on women-led MSMEs. Survey of women-based MSME Entrepreneurs In an effort to examine the impact of Covid-19 on women-led micro, small and medium enterprises (MSMEs), we surveyed 2,083 non-agricultural enterprises across four states: Bihar, Chhattisgarh, Madhya Pradesh, and Odisha. Specifically, the survey reached rural women Entrepreneurs in the intervening period when the...

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Why do MSMEs rarely get compound interest on delayed payment claims? -Vivek Sharma

-TheLeaflet.in Explaining the predicament of Micro, Small and Medium Enterprises (MSMEs) when opting for payment claims under the MSME Development Act, 2006, VIVEK SHARMA writes about why, in practice, the statutory compound interest enshrined in the law is rarely executed, and offers suggestions to bolster the law and secure the interests of MSMEs in this regard. MICRO, Small and Medium Enterprises (MSMEs) play a significant role in India’s GDP and export story....

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A case for cash transfers -Saugato Datta

-The Hindu The revival of the NYAY scheme in Congress’s Kerala manifesto is a welcome step The Nyuntam Aay Yojana (NYAY) has become more relevant since it was first proposed two years back. By resurrecting it in its Kerala manifesto, the Congress has an opportunity to make the idea even more robust. Even the best policy proposals find it hard to survive an unsuccessful election campaign. So, it was unexpected to see a...

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India’s true self-reliant Entrepreneurs -Maitreesh Ghatak and Mukulika Banerjee

-Hindustan Times The lockdown showed how migrant workers, let down by the State, community and market, are the nation’s most valuable resource Atmanirbharata is India’s new economic policy. Nirbharata means reliance, and atma means the self. The Atmanirbhar Bharat Abhiyan, announced by Prime Minister (PM) Narendra Modi, following the lockdown announced on March 24, 2020, calls for India’s economic mission to be based on self-reliance. Recently, the PM extolled the virtues of...

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