KEY TRENDS • Oxfam India's 2023 India Supplement report on poverty and inequality in India reveals that the gap between the rich and the poor is widening. Following the pandemic in 2019, the bottom 50 per cent of the population have continued to see their wealth chipped away. By 2020, their income share was estimated to have fallen to only 13 per cent of the national income and have less than 3...
More »SEARCH RESULT
Total Matching Records found : 629
Unlock potential of MSMEs with schemes -Dr. Dinesh Kumar Tyagi
-The Daily Pioneer The MSME sector does not need more laws and regulation but handholding and support in India The importance of the MSME in the economic and social development of the country, especially for developing nations, has been established in various studies conducted by the international institutions. In India, the role of SME is proven by the fact that they contribute about 30 per cent of the GDP and 45 per...
More »Financial inclusion of MSMEs and its impact on society -Hardika Shah
-The Hindu Business Line Why access to capital for MSME Entrepreneurs has the potential to alter India’s social fabric India’s social fabric has undergone a series of transformations since Independence. After the liberalisation of the economy in the 1990s, the market opened up and employment opportunities grew, as did the spending power and standard of living of the average Indian. As financial access grew, so did social mobility. However, certain sections have lagged...
More »A re-look at production-linked incentives -Prashanth Perumal J
-The Hindu The best way to support the manufacturing sector is to free it from the umpteen regulations that have stalled investment for decades Many Indians on a daily basis use sophisticated goods that are either fully imported or just simply assembled in India. This is because India lacks a well-developed manufacturing supply chain that could help produce things from scratch. To tackle this, in 2020, the Central government came up with...
More »Deaths by suicide at their highest rate in 2021, shows NCRB data -Abhishek Jha
-Hindustan Times The fastest increase in deaths by suicide was observed among students and small Entrepreneurs, much like what was observed in the 2020 edition of the reports. At 120 deaths per million population, the rate of deaths by suicide across India in 2021 soared to the highest level ever recorded, rising 6.1% from the previous year, new data from National Crime Records Bureau (NCRB) shows, highlighting the toll the pandemic appears...
More »
