Friday, 31 March, 2023
TopicMSME distress

Topic: MSME distress

‘This is Kalyug’: MSMEs, workers in shoe hub Agra say GST hike a kick in the gut after Covid

Revathi Krishnan -
Covid lockdowns and ongoing Omicron wave have hit hard, but GST hike to 12% from 5% on footwear below Rs 1,000 has knocked down many businesses & left labourers without work.

More businesspeople died of suicide than farmers in 2020, shows NCRB data

Nikhil Rampal -
NCRB data shows 11,716 businesspersons died of suicide in 2020, while farmer suicides stood at 10,677, which is around 1,039 cases fewer.

Demand down, revenue down but costs up: Pandemic takes shine away from UP’s ‘peetal nagri’

Samyak Pandey -
Uttar Pradesh's brass, scissors and locks industries all hit by lockdowns, rising input costs & inflation. Small business owners complain of being denied loans under govt schemes for MSMEs. 

Small units pack up, weavers prefer to be guards: How Covid ruined Karnataka garment industry

Anusha Ravi Sood -
Handloom weaving, among smallest components of textile MSMEs, took a massive hit due to the lockdowns, which saw consumer demand plummet, crippling garment industry as a whole.

MSMEs slowly get back on their feet, but liquidity problems, shortage of orders & labour remain

Moushumi Das Gupta -
A survey has found that 9% of MSME units were shut as on 1 August on account of the Covid-19 pandemic as opposed to 13% in June and July.

Govt expands MSME loan guarantee scheme to include lawyers, doctors & large firms

Remya Nair -
The Rs 3-lakh crore loan guarantee scheme was announced in May, and so far around Rs 1.37 lakh crore has been sanctioned under the scheme.

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Opinion

File photo of smog in Delhi. Some doctors have called air pollution a bigger threat than Covid-19.| Photo: Suraj Singh Bisht | ThePrint

Air quality is better but not enough to banish air purifiers. Here are options for your room & car

Sahil Mohan Gupta -
What’s the solution for people who cannot leave Delhi? Air purifiers from Dyson's expensive range to Xiaomi's affordable ones can be of help.
File photo of UP CM Yogi Adityanath | ANI

BJP star campaigner in Himachal, Yogi Adityanath is avoiding Gujarat poll rallies

Wrangler Rubicon | Jeep India

Wrangler Rubicon is a worthy Jeep but it’s too expensive for city roads

Economy

NFRA to conduct audit quality inspections of five audit firms

Manoj Rammohan -
New Delhi, Nov 16 (PTI) The National Financial Reporting Authority (NFRA) will carry out audit quality inspections of five audit firms, including the...

Defence

The Defence Services Staff College in Wellington | Image credit: dssc.gov.in

In a first, six women officers to enter prestigious Defence Services Staff College

Snehesh Alex Philip -
As many as 15 women appeared for the examination, out of which six were selected, including one who has made it to the course along with her husband. 

National Interest

Why military is more for asserting political will, not just about controlling territory

Shekhar Gupta -
No matter what tactics, doctrine, or weapon system is used, the objective of any war is to control territory, argues Gen. MM Naravane (retd). But it's politics that matters most.

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