The Reserve Bank of India on April 5 cut the repo rate by a further 25 bps and also took measures to ease the liquidity constraints in the banking system. It seems to be giving hopes for the industry and consumers that interest rates in the economy will fall faster than earlier. Actions taken by …
Tag: EEPC INDIA
Too much safety to steel units killing SME users, engineering exporters | EEPC India
EEPC India, the apex organisation of engineering exporters who are also major users of steel, has described the extension of safeguard duty on steel as an anti-SME move that will further dent the country’s exports, already down in the dumps. ” We feel this is a completely discriminat…
Exporters happy with broad Budget thrust, though wanted specific steps for relief | EEPC India Chairman T S Bhasin
Welcoming the broad thrust of the Budget which realises the headwinds faced by Indian exporters in the global markets, EEPC India Chairman T S Bhasin today said emphasis on rail and road by increased investment along with better port connectivity should help the foreign trade in the long run. Eas…
Budget 2016 | Quotable Quotes
“Finance Minister spent a considerable amount of time in trying to address the rural distress and the difficulties being faced by the farmers. The emphasis on the budget on various schemes and ideas, which including for instance the linking of the MNREGA scheme to rural challenges, is very signif…
Count MSMEs as StartUps | EEPC India
Engineering Export Promotion Council has said that Micro, Small and Medium enterprises should considered as start-ups so that the benefits get extended to MSMEs as well. Launch of StartUp Action Plan will surely enthuse India’s young engineering graduates to take up entrepreneurship . Schemes l…
Worsening exports threatens SME exporters, jobs | T. S. Bhasin, Chairman EEPC India
The situation on the external front has worsened rather than improving, raising a serious question about the sheer survival of export sector with a large number of jobs at stake, said Chairman of the EEPC India Mr. T. S. Bhasin. In his reaction to the release of trade data for November, Mr. Bhasi…