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…
Tag: Union Budget
Budget evokes mixed response from MIA
The Union Budget has evoked mixed reactions from the Mysore Industries Association (MIA). It has said that the budget provided measures for the overall economic development of the nation, but had nothing in specific for the Micro, Small and Medium Enterprises (MSME) sector. Vishwanath, MIA Presid…
Expert sees bright scope for startups in pre, post-harvest technologies
Increased allocation to agriculture by 84 per cent and resolve to double income in five years will see lot of opportunities by technocrats and management graduates in startups in pre and post-harvesting technologies, says Executive Vice Chairman of Vizianagaram-based Vijaynagar Biotech Ltd and no…
Govt contribution to Employee Pension Scheme to help MSMEs
Union Budget for 2016-17 has evoked mixed responses from MSME (Micro, Small and Medium Enterprises) sector in Dakshina Kannada district. B A Nazeer, President of Canara Plastic Manufacturers’ and Traders’ Association (CPMTA), told that the initiative to pay the Employee Pension Scheme contributio…
Amidst a muted global economic scenario, this growth is encouraging | FICCI President on Eco Survey 2015-16
New Delhi, 26 February 2016: The Economic Survey 2015-16 tabled today in the Parliament has highlighted that India’s potential growth rate is in the range of 8 to 10 percent and achieving the same requires a push in three critical areas which are promoting entrepreneurship and reducing the role …