BRS MP Damodar Rao Divakonda on Monday sought details on the number of beneficiaries in various categories of Micro, Small and Medium Enterprises (MSMEs) under Emergency Credit Line Guarantee Scheme (ECLGS) in the Rajya Sabha.
During the last four decades (1980-2020), the average profit of industries grew nearly 50 times, number of factories too doubled during the last decade compared with the rest of the decades. And yet, manufacturing reaching its potential fifth position in the world as predicted by BCG in 2013 remains distant
Speaking at the 'Global Fintech Fest 2022' (GFF 2022), he noted that a major shift towards a more equitable distribution of investment across sectors including insurtech and wealthech, etc, has started taking place.
By B Yerram Raju In India, 98% of manufacturing micro and small manufacturing enterprises (MSMEs), estimated at 1.6 crore, are single-owner enterprises even if they are proprietary or partnerships and family enterprises or private limited enterprises. Stages of their growth are similar to biological organisms like the seeds transforming into flowering or fruit-bearing trees. This […]
By B Yerram Raju I saw the film RRR and wondered how I should title this article on Asset Quality Review (AQR) undertaken by Raghuram Rajan Reforms (RRR) in the banking sector during his regime as Governor. The Economic Survey 2020-21 while criticising the AQR’s inability to prevent the evergreening of loans in the name […]
Tadepalli: Chief Minister YS Jaganmohan Reddy has called for special focus on employment generating MSMEs in the state and prompt payment of incentives to them. At a review on Industrial development, Ports and Fishing harbours here on Wednesday, he directed officials to ensure that basic infrastructural facilities were created in lands earmarked for industries. When […]