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Express News Service CHENNAI: A report from the chairman of the Prime Minister Economic Advisory Committee has shown that Tamil Nadu, a State with high incidence of youth unemployment, saw urban unemployment double from 2020 to 2021. According to the report, titled ‘Post Covid Employment Scenario in India’, by Bibek Debroy, the urban unemployment rate in TN, though similar to the national average of 7.27 per cent in February 2021, is more than double that of the previous year. The rate at t...

Respected Nirmala ji,  It is now over a year that Hon’ble  Prime Minister announced the Aatmanirbhar relief package of Rs.20 lakh crore for all the sectors adversely impacted by Covid. As the Minister for Industries in Telangana, I have focused hard on ensuring that the MSMEs of our state who constitute the backbone of our manufacturing sector benefit from the package.

Global real estate investment company Kennedy Wilson (NYSE: KW) announces that its debt investment platform has crossed $1 billion in loans secured by high-quality real estate across the Western United States. The new milestone comes on the heels of the company launching a new $2 billion debt platform in mid-2020.

The manufacturing sector and micro, small and medium enterprises (MSME) are spearheading economic growth in the country after the outbreak of Covid-19 while many contact-intensive services sub-sectors remain severely affected by the crisis.

In the wake of the pandemic, the RBI undertook several conventional and unconventional measures. "Unlike many central banks, the RBIs asset purchases did not dilute its balance sheet and hence, did not compromise on core principles of central banking," Das said while addressing an event organised by the Bombay Chamber of Commerce. These purchases were confined to risk-free sovereign (government) bonds including state government securities only, he said. Other than conventional measures, RBI...

Comment Shaktikanta Das predicted the healthcare sector to witness strong growth in the coming years with its commitment to R & D and low cost of production. Story outline Technology and innovation is another area where small sized units are playing a significant role. Another sector expected to give a push to India’s exports and growth is the FTAs. Outlining the emerging post Covid opportunities in India, Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said that the MSME se...

The manufacturing sector and micro, small and medium enterprises (MSME) are spearheading economic growth in the country after the outbreak of Covid-19 while many contact-intensive services sub-sectors remain severely affected by the crisis, RBI Governor Shaktikanta Das said on Thursday. However, the recent government initiatives under AatmaNirbhar Bharat Abhiyaan and Union Budget 2021-22 towards developing a vibrant manufacturing sector and infrastructure acknowledges strong linkages they have ...

Read more about Manufacturing, MSMEs spearheading economic growth: RBI Governor Das on Business Standard. Mumbai (Maharashtra) [India], February 25 (ANI): The manufacturing sector and micro, small and medium enterprises (MSME) are spearheading economic growth in the country after the outbreak of Covid-19 while many contact-intensive services sub-sectors

Year Ender 2020: Fuelling MSMEs for Economic Growth FILE PIC In our Special Series Year ender-2020 today we bring you a report on Micro, Small and Medium Enterprises, MSME. After coming to power in 2014, Narendra Modi Government gave a special focus on the MSME sector. Launching the MSME Support and Outreach programme in New Delhi, Prime Minister Narendra Modi had said that MSME sector gives maximum employment after the agriculture sector. He said, if agriculture...

Rs 20 lakh crore package: Centre reviews dole, Oppn slams govt   Mon, Dec 14 2020 07:01:49 PM By Quaid Najmi Mumbai, Dec 14 (IANS): In a detailed review, the Centre has stated that of the Rs 20 lakh crore AtmaNirbhar Bharat Package (ANBP) announced last May, the government has already disbursed a considerable amount under more than 21 categories while some other schemes are under implementation. As per the official data after Union Finance Minister Nirmala Sitharamans review last week, the Ce...