Prime Minister Narendra Modi, for the first time, attended an interaction with a set of noted economists and experts today, in which he called for innovative approaches to budget-making, and a special focus on skill development and tourism. The meet was organised by Niti Aayog. Attending the sess…
Tag: Asian Development Bank (ADB)
SMEs hit hard by the trade finance gap globally
A recent report by Asian Development Bank (ADB) Brief said that Small and Medium Enterprises (SMEs) face the greatest obstacles in accessing affordable trade financing. Globally, 57% of trade finance requests by SMEs are rejected, against just 10% for multinational companies. High rejection rates…