With around 63.4 million units in total, MSMEs contribute around 6.11% and 24.63% of the manufacturing and services GDP respectively. They have been able to provide employment to around 120
Tag: BFSI
Constraints preventing India from a better stimulus packageConstraints preventing India from a better stimulus package
Background India has announced a five tranche fiscal package focusing on MSMEs, NBFCs, power sector, and farmers & migrants titled ‘Atmanirbhar Bharat’. However, India’s fiscal package of Rs. 12 Lakh
Suspension of H1-B visas may be a blessing in disguise for Indian IT industrySuspension of H1-B visas may be a blessing in disguise for Indian IT industry
Background India’s IT industry revenue was around US$ 191 billion in FY20 at 7.7 per cent growth y-o-y. It is estimated to grow to US$ 350 billion by 2025. Moreover,
Reforms in the rural sectorReforms in the rural sector
Introduction This will add to the existing population in rural areas which is home to 70% of Indians. The migrants who return home after almost two months of lockdown, with