Category: ECONOMY

“Electronics manufacturing alone can contribute USD 1 trillion to India’s economy by 2025,” said the former Minister of Communications, Electronics and Information Technology, Ravi Shankar Prasad, at an ASSOCHAM event. With the potential to produce a vast array of devices—ranging from mobile phones to laptops, TVs, and other components—the sector is poised to become a […]

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Over the last many years, successive Indian Governments have tried to improve India’s Balance of Trade and protect domestic industry by incentivizing exports and restricting imports. These have taken the form of Export incentives to try and boost exports through measures such as Cash assistance, Export subsidies, EOUs and SEZ, Duty drawbacks, Advance Licensing and […]

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The lockdown has wavered the Indian Economy and GDP growth has plummeted abysmally. The lockdown in India has affected the daily wage workers and small businesses so severely that businesses were in the doldrums. With their reserves being used up, they had an operational fund deficit. For the small business to survive, to get back […]

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Manufacturing has emerged as one of the prominent growth sectors in India and the nation is on track to become the fifth largest manufacturing country in the world by 2020.  The ‘Make in India’ program aims to position India on the world map as a manufacturing hub and give global recognition to the economy.  Various […]

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The interim budget has focused on two key elements — the farmers and the urban middle class with most of the direct and indirect benefits targeted at this segment. For micro, small & medium enterprises (MSMEs), which are critical, large-scale growth engines of the economy, other than the interest subvention scheme and a few changes […]

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Image source: https://thelogicalindian.com/ How the plan will help the MSME sector. Who are the beneficiaries? How it will impact the manufacturing sector growth and GDP. Is the effect immediate? Will, there be any misuse of funds and leakages, etc. On November 2nd Prime Minister Narendra Modi announced a loan sanction of up to a crore for […]

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Big organizations hoard the spotlight. Regardless of whether it’s the front page of the national daily papers or the news – huge business parallels huge news. Yet, shouldn’t something be said about those at the flip side of the range? Private ventures make up 99% of the 5.2m organizations in the UK, yet once in […]

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