Sunday, 2 October, 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

Illustration by Prajna Ghosh | ThePrint

Over 38% inmates in Indian jails are OBCs, 10% increase in a decade, study finds

Religious minorities, specifically Muslims and Sikhs, have been overrepresented among prison inmates for years now, but there have been some shifts in the last decade, NCRB data shows.
A man counts Indian currency notes inside a shop in Mumbai, India | Reuters/Francis Mascarenhas

RBI tells state refiners to reduce dollar buying in spot market, contain sharp fall in rupee

RBI has ensured that $9 billion has been made available at overseas branches of some Indian banks for the country's three state-run refiners to tap, according to sources.

Defence

Naval Group & IIT Goa signing agreement to extend partnership on 28 September | Twitter @navalgroup

France’s Naval Group, IIT Goa extend R&D deal for underwater surveillance, submarine imaging

Agreement will act as catalyst for improving analysis of data collected by underwater sensors through application of neural systems & AI.

India’s hijab supporters will lose even if they win SC battle. Because the real war is political

In a highly polarised time, cornered minorities tend to lean back and protect the roots and fundamentals of what is so dear to them. Politically, it can often be a bad trap.
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