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: Business Environment and Law
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,

Finland Pledges To Be the World’s First Carbon-neutral Country by 2035Finland Pledges To Be the World’s First Carbon-neutral Country by 2035
It may sound crazy, but it’s true. Finland, a small European country is aiming to reach where no one—not even the mighty America— has so far dared to go. As

AI Disinvestment: Govt. to Divest 100% Stake in the National CarrierAI Disinvestment: Govt. to Divest 100% Stake in the National Carrier
The Modi Government is aiming to divest its entire stake in the ailing national carrier, which is saddled with debts of over 58,000 cr, as of March 31, 2019. The