BJP President Amit Shah, who was in the city on August 19, 2016 for a ground-breaking ceremony of the MSME Development Institute in Ahmedabad, said that post-independence the BJP government took a “holistic view” of industries and framed policies for “Khadi” as well as for big companies in India…
Tag: GDP
Logistics sector could save $200b annually post GST
Logistics sector, which accounts for nearly 14 percent of the GDP, could see savings to the tune of USD 200 billion annually on implementation of GST, which will ensure faster movement of goods and less idle hours, say experts. With the introduction of Goods and Services Tax, many taxation proced…
India among regional leaders in SME sector: MasterCard
India has among the strongest small and medium-sized enterprises sector in the Asia Pacific region but poor infrastructure and insecurity over government regulations are a dampener, according to a report by MasterCard. The SME Business Environment Index found that India scored 50.4, with a score …
Good monsoon may push FY17 GDP growth beyond 8% | Crisil
A good monsoon with even rainfall distribution across regions will give a boost to farm sector and may push India’s GDP growth beyond the 8 percent mark in the current fiscal, Crisil said. However, stress in rainfall in certain parts of the country and excess downpour in some other regions …
We are here to bridge the funding gap for MSMEs | Harshvardhan Lunia, CEO, Lendingkart
Have a dream to fly giving wings to your unique business idea. Now is the time to get going! Gone are the days when your business idea would die an unsung death for want of viable funding. Welcome to the world of new-age fund missionaries: if your SME business idea has business potential, Lending…
RBI recognizes development of ports and logistical services inclusive to the growth of the economy
Mumbai, 09th June 2016: RBI in its recent monitory policy has clearly stated that increase in capacity of ports is integral to the growth of the economy. It also recognizes development of infrastructure, including ports, roads, and railways as a positive sign of economic revival in the past few y…
India ranks second on GRD index on ease of doing business: Study
India has jumped 13 positions from last year to rank second among 30 developing countries this year on ease of doing business, according to a study topped by China. According to 2016 Global Retail Development Index (GRDI), which ranks top 30 developing countries for retail investment worldwide, a…
GDP Growth Estimated at 7.7% for 2016-17 – FICCI’s Economic Outlook Survey
New Delhi, 30 May 2016: The results of latest round of FICCI’s Economic Outlook Survey puts across a median GDP growth forecast of 7.7% for the fiscal year 2016-17. The growth in 2016-17 is expected to be supported by an improvement in the agricultural and industrial sector performance. Predictio…
We are focused on bringing together technology and manufacturing to drive transparency, efficiency and scale | Rahul Garg, Founder & CEO, Moglix
Of late, one is clearly witnessing B2B e-commerce pick up the growth momentum with rapid adoption of the digital paradigm by manufacturers and wholesalers. Buyers and sellers from across the world are increasingly transacting goods and services with ease over digital platforms, anytime, anywhere.…
India needs to retain its export market share | Pranab Mukherjee
As the volume of world trade is expected to remain sluggish in 2016, India needs to devise cohesive strategies of retaining its market share first and then increasing it, President Pranab Mukherjee said. He also said that exports sector is dynamic and is affected by changes in the policy both at …