Wednesday, 18 May, 2022
TopicMSMEs

Topic: MSMEs

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

+TFP Jyoti Yadav -
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

Nayanima Basu -
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

Shubhangi Misra -
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

Samyak Pandey -
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’

Samyak Pandey -
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

Rishika Sadam -
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

Manasi Phadke -
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

ThePrint Team -
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

PTI -
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

PTI -
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.
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Opinion

Chinese President Xi Jinping | Representational image| kremlin.ru

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

Kalpit Mankikar -
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.
Illustration by Soham Sen

Forget Gyanvapi for a moment, Varanasi needs justice for a recent carnage: 2006 IM bombings

Congress Chintan Shivir to conclude today, CWC to give final nod to committees' recommendations

For long, Congress wavered on social justice. Now it’s waking up to BJP’s OBC politics

Economy

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

Neelam Pandey -
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

Snehesh Alex Philip -
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.

National Interest

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

Shekhar Gupta -
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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