Ahmedabad: The Centre is leaving no stone unturned to make the biennial Vibrant Gujarat Global Summit a success. The five-day event is scheduled to kick off at Mahatma Mandir in Gandhinagar. Prime Minister Narendra Modi, it is learnt, is personally monitoring arrangements for the summit. This apa…
Tag: Demonetisation
Demonetisation: 35% jobs losses in first 34 days, SMEs worst hit
Cash-ban a boon or bane? – To many it may seem like a bold move by a confident Prime Minister, but to others, it spelt nothing but doom. A study by the All India Manufacturers’ Organisation (AIMO) reveals that micro-small scale industries suffered 35 per cent jobs losses and a 50 per cent d…
MUDRA loan disbursals take a hit due to demonetisation
Loan disbursals by Micro Units Development and Refinance Agency (MUDRA) slowed down in the third quarter of current financial year following the demonetisation of high-value currencies, an official said. “We have disbursed Rs 80,000 crore (from April 1 to December 31, 2016). There have been…
एमएसएमई सेक्टर नोटबंदी के असर से उबरने की ओर: कलराज मिश्र
एमएसएमई मिनिस्टर कलराज मिश्र ने कहा है कि नोटबंदी के कारण एसएमई सेक्टर बुरी तरह प्रभावित हुआ है। नकद कमी के चलते लघु का उधोगों को व्यापारिक परेशानियों का सामना करना पड़ रहा है जिससे उनकी उत्पादन क्षमता में गिरावट हुयी है। 2016 में मंत्रालय द्वारा प्राप्त की गयी उपलब्धियां गिनातें हुए मंत्री ने कह…
नोट बंदी से आए तूफान से बचाव के लिए प्रधानमंत्री ने लिया कर्ज में छूट का सहारा
8 नवंबर 2016 की रात आठ बजे प्रधानमंत्री नरेंद्र मोदी ने 500 और 1000 के नोटों पर प्रतिबंध लगा कर देश पर चल रही समानांतर अर्थव्यवस्था पर लगाम लगाने की ओर एक बड़ा कदम उठाया। जैसा अनुमान था वही हुआ भी। नोट बंदी का सबसे बड़ा असर छोटे और मध्यम उद्योगों पर हुआ क्योंकि इनकी […]
…
MSMEs to sign 16k MoUs at Vibrant Gujarat Global Summit 2017
Gandhinagar: Notwithstanding the adverse impact of demonetisation on their businesses, Micro, Small and Medium Enterprises (MSMEs) have come up with highest number of investment proposals to be signed at the Vibrant Gujarat Global Summit-2017, next week. According to sources, MSMEs have lined up …
MSMEs see surge in cheque & e-payments: CRISIL
Micro, Small and Medium Enterprises (MSMEs) are moving towards cheque and e-payments in a big way following the government’s move to demonetise high currency notes. As many as 41% of MSMEs said their clients have shifted to cheque or electronic payment since demonetisation, according to a n…
Textile mills pin hopes on fourth quarter
Textile mills are pinning their hopes on the fourth quarter to ride over the third quarter impact of demonetisation. For this, industry is banking on the textile ministry’s move to allow mills to pay only 10 per cent of procurement money that has come as a breather. According to industry, t…
Jaitley hopes to resolve dual control issue in next GST Council meet
Admitting that the Goods and Services Tax (GST) Council was racing against time on the government’s implementation target of April 1, Finance Minister Arun Jaitley on January 4 said it is hoping to resolve the vexed issues of Integrated GST (iGST) and dual control over assesses in its next …
Demonetisation hits December services growth
The government’s demonetisation move provoked a downturn in the Indian service sector growth in December, with business activity contracting for the second consecutive month, revealed key macro-economic data on December 4. Indian service providers continued to be impacted by the November 8 …