Category: ECONOMY

How MSMEs can Sustain the Covid-19 Second Wave

How MSMEs can Sustain the Covid-19 Second Wave?

The MSME sector has been the lifeblood of India’s economy contributing to over 30% share of the GDP, 45% of domestic manufacturing and 40% of the exports. It is the second-largest employment generator in the country, providing employment opportunities to approximately 11 Crore people. Check out the video on ‘Post-Covid…
Electronics Manufacturing

How Can Electronics Manufacturing Contribute $1 Trillion to India’s Economy by 2025?

“Electronics manufacturing alone can contribute USD 1 trillion to India’s economy by 2025,” said Ravi Shankar Prasad, the Minister of Communications, Electronics and Information Technology, at an event organized by ASSOCHAM. The manufacturing of electronic devices including mobile phones and components, laptops, tablets and TVs has the potential to contribute…
Special Economic Package

Top 5 Key Takeaways on the Special Economic Package Announced for Industrial Sector

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…