-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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75% Kisan Rails operated in Maharashtra -Radheshyam Jadhav
-The Hindu Business Line Railways has operated approximately 1,642 Kisan Rail services out of which 1,239 services are operated in Maharashtra Union Minister for Agriculture and Farmers Welfare Narendra Singh Tomar on August 7, 2020 flagged off the country’s first Kisan Rail train from Deolali in Nashik (Maharashtra) to Danapur in Bihar. Since then farmers of Maharashtra have reaped maximum benefits of the rail services. The Indian Railways has operated approximately 1,642...
More »How India can foster economic democracy -Ejaz Ghani
-The Hindu Business Line At present, panchayats make no contribution to the design of schemes. Their autonomy is negligible. This needs to change Decentralisation has long been recognised as an efficient instrument for promoting economic democracy, and delivering services to meet the needs of people. There are three different channels for decentralisation — political, administrative and fiscal. Political decentralisation promotes trust and cooperation between government agencies and citizens. Administrative decentralisation enables authority...
More »Low grant sanctions, disbursement: India wants to promote FPOs but where are the funds? -Shagun
-Down to Earth Eligibility threshold for FPOs should be reduced or support provided to meet the criteria, experts feel Farmer producer organisations (FPO) figure prominently in government policies and the ambitious plan to double farmers’ income by 2022. But funds remain elusive for these bodies, according to a recent analysis. Just 1-5 per cent of FPOs have received funding under central government schemes introduced to promote them in the last seven years, the...
More »Farm laws scrapped: India’s food processing sector may get hit badly -Arnab Dutta
-BusinessToday.in With all FMCG majors betting heavily on these reforms, their sourcing and expansion plans may now be impacted severely. The abrupt change in the government’s stance on the three controversial farm laws may have far-reaching implications for the country’s food processing sector that involves leading fast-moving consumer goods (FMCG) majors and a market larger than Rs 2.6 lakh crore. With the farm laws are now set to get revoked, a slew of...
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