Milk prices are expected to remain high this summer due to tight demand-supply balance and high input costs, said Reserve Bank of India (RBI) Governor Shaktikanta Das at the first bi-monthly monetary policy of 2023 on Thursday. “Milk prices could remain firm due to high input costs and seasonal factors,” said Das. The RBI’s observation comes a day after reports stated that the government was mulling import of dairy products this...
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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 »Double trouble -Jaideep Hardikar
-The Telegraph While the BJP and Opposition continue with their political machinations, the larger issues on the ground are these: climatic aberrations and consequent losses How are we supposed to deal with long, dry spells as well as sudden and extreme rainfall in the same season? Or drought in one state and floods in another,for that matter? While the Bharatiya Janata Party and the Opposition continue with their political machinations, the larger...
More »MSME definition to be modified, FISME calls for suggestions -Ananya Upadhyaya
-Financial Express Due to the steep rise in raw material prices, many small enterprises have crossed the threshold of small enterprises and graduated to medium, making them ineligible for government subsidies. Federation of Indian Micro and Small & Medium Enterprises (FISME) is calling for suggestions to put before the central government as they seek to revise the definition of Micro, Small and Medium Enterprises (MSMEs) in the country. The criteria for Udyam...
More »Govt data: Only 18% of 1 crore registered MSMEs owned by women entrepreneurs -Parvathy Pillai
-Financial Express Ease of Doing Business for MSMEs: As of August 3, 2022, 17,96,408 enterprises were women-owned MSMEs out of the total 99,58,903 MSMEs registered on the Udyam portal. Ease of Doing Business for MSMEs: 18 per cent of micro, small and medium enterprises (MSMEs) registered in the country are owned by women entrepreneurs, according to government data. As of August 3, 2022, 17,96,408 enterprises were women-owned MSMEs out of the total...
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