New Delhi: SME sector witnessed slowdown post demonetisation, resulting in fall in production, wages and employment, according to a study by the India Development Foundation. However, there has been no “discernible impact” on prices and supply of agriculture commodities, the research …
Tag: Demonetisation
Security tech start-up Seclore bags three deals from govt
Bengaluru: Security tech startup Seclore Technology, which provides enterprises with digital rights management solution, sees huge business opportunity in the Indian security space. The Sistema Asia Fund-backed startup has recently signed up with three security-based projects with the Indian gove…
Budget 2017 to focus on rural economy, skill development & incentives for cashless transactions: Dun & Bradstreet
Q-induced shock has derailed the consumption growth story and Budget 2017 is likely to focus on rural areas and agriculture to revive the economy, says Dr Arun Singh, Lead Economist at Dun & Bradstreet. Online’s Smriti Jain, Dr Singh talks about what Finance Minister Arun Jaitley should focus…
Security tech start-up Seclore bags three deals from govt
Bengaluru: Security tech startup Seclore Technology, which provides enterprises with digital rights management solution, sees huge business opportunity in the Indian security space. The Sistema Asia Fund-backed startup has recently signed up with three security-based projects with the Indian gove…
Demonetisation to have negative impact on SMEs: Assocham
Demonetisation of high value currency notes would leave quite a negative impact on small and medium enterprises, rural consumption and job creation in the immediate run while the large and well organised sectors of the corporate India stand to benefit in the long term horizon, the latest Assocham…
Budget 2017: Start-up India hopes for tax cut, fresh funds and foreign investments
Union Budget 2017 is due on February 1. This will be the third budget to be presented by the Prime Minister Narendra Modi’s government and it won’t be easy. The budget 2017 will not only be unique for its preponement from the usual month of March and clubbing with Railway budget, but will also ha…
लघु और मध्यम उद्यमों पर नोटबंदी का नकारात्मक असर, लंबी अवधि में बड़े संगठित क्षेत्रों को फायदा: एसोचैम
उद्योग मंडल, एसोचैम ने रविवार को कहा कि नोटबंदी का लघु और मध्यम उद्यमों, ग्रामीण खपत और रोजगार सृजन पर नकारात्मक असर होगा, जबकि लंबी अवधि में बड़े संगठित क्षेत्रों को इसका लाभ मिलेगा। एसोचैम ने एक विज्ञप्ति में कहा, “तत्काल प्रभाव में बड़े नोटों के विमुद्रीकरण का लघु और मध्यम उद्योगों, ग्रामी…
Budget 2017: Need better handling of SMEs by banks, says Sitharaman
At the World Economic Forum in Davos, Commerce Minister Nirmala Sitharaman shared her Budget recommendation for the small and medium-sized enterprise (SME) sector and her opinion on the roll-out of goods and services tax (GST) on July 1. Sitharaman suggested better handling of SMEs by banking ins…
Budget should aim at improving overall performance of the SME sector
Indian SME is undoubtedly a strong contributor to the economy. The SME sector generates significant employment while inputting considerably to the industrial output. While the union government continues to float policies and schemes to smoothen business challenges for the SME, there are further h…
Budget 2017: Digital payment firms hope for tax benefits in Union Budget
If demonetisation got ‘Acche Din’ for digital payment companies, further tax incentives and rewards are things these entities are hoping for in the upcoming Union Budget to ensure customers stick to digital payments instruments and don’t migrate back to cash. Companies in this space are hopeful t…