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Budget 2025 aims to boost economy by propping up consumption, rejigs duties

FM Nirmala Sitharaman mentions agriculture, MSMEs, investments and exports as four crucial engines to propel the country's growth.Read more

Economic Survey expects India’s industrial sector to grow by 6.2% in FY25

Consumer-focused sectors like automobiles, electronics, and pharmaceuticals have emerged as growth drivers. Domestic production of electronic goods shows remarkable growth of CAGR of 17.5 per cent from FY15 to FY24.Read more

Economic Survey 2024-25: India’s economic prospects for FY26 are balanced

While the Survey acknowledges potential headwinds such as geopolitical uncertainties, trade disruptions, and possible commodity price shocks, it also highlights several domestic growth drivers.Read more

Tata Power signs MoU with ADB for $4.25 billion to finance clean energy projects

The total estimated project cost is approximately $4.25 billion. Read more

Inter-ministerial group to develop credit guarantee scheme for MSMEs

The MSME ministry will present the scheme to the Expenditure Finance Committee for approval following a series of consultations with stakeholders.Read more

Budget FY25 Decoded!

With emphasis on infrastructure, skill development, MSMEs, and manufacturing, the FY25 budget aims to drive India’s manufacturing-led expansion and exports. However, there are some missed opportunities as well. SME deciphers the short and long term impact of the budget with industry experts.Read more

Govt expected to relax 45-day payment rule for MSMEs in upcoming Budget

MSMEs have raised concerns that this provision could lead large buyers to avoid MSME suppliers, opting instead for non-MSMEs or those not registered with Udyam. Read more

Focus on incremental reforms

According to a recent report of DSP Mutual Fund, the manufacturing sector's contribution to India's GDP is anticipated to rise from 14 per cent in FY24 to 21 per cent by FY34, bolstered by lower logistics costs and improved infrastructure. Read more

DGFT asks export bodies for inputs on efficacy of interest equalisation scheme

The study is to help the department assess the key gaps and make necessary recommendations to ensure seamless facilitation of trade finance in India.Read more

Section 43B(h): Boon turning into bane

India is home to the world’s biggest micro, small and medium enterprises (MSMEs) community (more than 60 million) who contribute around 29.7 per cent of the country’s GDP. Read more

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