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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.
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.
Increasing raw material prices, plummeting demand, delayed payments and high labour charges are posing several hurdles to MSMEs in Telangana.
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.
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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.
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.
Studies show 10 to 30% of enterprises registered as ‘women owned’ are not actually owned or run by women. Covid has worsened the situation.
E-commerce exports have lowered the entry barrier for Indian MSMEs to enter, experiment and win in global markets.
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