Wednesday, 18 May, 2022
TopicMSMEs

Topic: MSMEs

In Meerut, ‘startup culture’ means hard-to-get loans, low demand, misplaced hope

The government is pushing for ‘entrepreneurship’ in small towns and villages through subsidised loans. Here is how the result looks so far in one Uttar Pradesh district.

Past FTAs ‘very tough’ on India, have discomfort with ‘old mantras’ of globalisation: Jaishankar

Jaishankar said the Modi government is ‘prudent’ on FTAs, adds that trade partners need to have ‘strategic convergences’ and ‘business comforts’ now.

Jalandhar’s Rs 2,000-cr sports goods industry says Covid shut 40% units, govt says no distress

ThePrint visited Jalandhar, where workers and business owners in the sporting goods industry are sending distress signals. Government officials say concerns are overblown.

First Covid, now fuel & food prices: No festive season work or cheer for MSMEs in Delhi-NCR

The festive season, which was expected to drive economic recovery, with a demand hike and income surge, has proven a dud so far, pushing industries to brink in the national capital. 

Demand down, revenue down but costs up: Pandemic takes shine away from UP’s ‘peetal nagri’

Uttar Pradesh's brass, scissors and locks industries all hit by lockdowns, rising input costs & inflation. Small business owners complain of being denied loans under govt schemes for MSMEs. 

‘Where’s Atmanirbhar package?’ — Telangana MSMEs struggle to pay wages, rent for 1-room business

Increasing raw material prices, plummeting demand, delayed payments and high labour charges are posing several hurdles to MSMEs in Telangana.

Locked gates, moss & shrubs tell tale of Covid hit at Maharashtra’s first industrial estate

Thane’s Wagle Estate was the first industrial area that Maharashtra’s MIDC took up for development in 1961. The pandemic has forced many of its units to shut down.

Obesity related to metabolism changes due to processed food, not overeating

A selection of the best news reports, analysis and opinions published by ThePrint this week.

Rajnath Singh approves nearly Rs 499 crore for defence research as govt looks to cut imports

Funds will be used to provide financial support to nearly 300 start-ups, MSMEs and individual innovators as govt pushes to make India a defence manufacturing hub.

Govt amends insolvency law to provide pre-packaged resolution process for MSMEs

According to the ordinance, it is considered expedient to provide insolvency resolution process to ensure a cost-effective outcomes that is least disruptive for MSMEs & preserves jobs.

On Camera

YourTurn

Chinese President Xi Jinping | Representational image| kremlin.ru

Chinese economy is feeling the heat. Blame Xi’s political Lysenkoism, vaccination policy

Smarting from the failures of his Great Leap Forward campaign, which hit the economy hard, Mao launched the 1962 war with India to rally the nation behind him.
Congress supporters staged a protest against inflation in Ranchi on 10 May | ANI

As inflation breaks records, Modi govt plans to counter criticism ahead of anniversary & polls

While retail inflation hit an 8-year high of 7.8% in April, wholesale inflation surged to a 9-year high of 15.08% on the back of elevated food and energy prices in the same month.

Defence

Satellite image of the development on the site | Twitter | @detresfa_

China building ‘bigger, broader’ 2nd bridge at Pangong Tso that can carry armoured columns

China's People's Liberation Army aims for multiple routes to counter any possible operations by the Indian forces on the southern banks of the Pangong Tso in the future.

How Congress is like the Ambassador & why Indian politics needs a brand new set of wheels

Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.
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