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Page 3 - பிளாஸ்டிக் ஏற்றுமதி ப்ரமோஶந் சபை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

MSME: Bengal SMEs, exporters seek relaxation from COVID-19 restrictions

Synopsis West Bengal hosts the highest number of MSMEs in the country and they play a vital role in the state economy. Getty Images Export bodies and organizations jointly have written to the state government for relaxation for their survival and export commitments. KOLKATA: In the wake of the extension of COVID-19 induced restrictions till June 15 in West Bengal, the Small and Medium Enterprises and exporters have sought relaxation from restrictions for their survival. West Bengal Chief Minister Mamata Banerjee on Thursday extended the ongoing COVID-19 restrictions till June 15. SMEs have urged the chief minister that the extension of restrictions without amendments or relief will adversely affect the micro medium and small enterprises (MSME) of the state.

India s Plastics Exports Rise 3 2% On Year In February

The Plastics Export Promotion Council (PLEXCONCIL) has stated that plastics exports have grown in January 2021 (up 12.2% vis-vis January 2020) and February 2021 (up 3.2% vis-vis February 2020 on a provisional basis) - marking the second successive month of growth in plastics exports in the New Year. In January 2021, nine of the product panels, namely, Composites / FRP products; Floor Coverings, leather cloth & laminates; Human hair; Pipes & fittings; Polyester films; Plastics raw materials; Rigid packaging & PET preforms; Woven sacks / FIBCs and Miscellaneous products witnessed a positive growth. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Exporters: Budget 2021: Exporters like Infra push, but fret about funding for schemes

Synopsis Stakeholders from the textile sector, which remains one of the country’s key foreign exchange earning sectors, have also given thumbs up to the budget. Getty Images Besides big players, the country’s MSME exporting firms have also welcomed the measures announced in the budget. For Indian exporters who have been sailing against the rough tides for quite some time now, the Budget 2021 remains a mixed bag. While the country’s exporting community hailed the specific policy measures to uplift business sentiments, it also flags missing gaps that needed speedy redressal. It s noteworthy that India’s share in global merchandise exports currently stands at a paltry 1.67%. The industry body Confederation of Indian Industry (CII) in its Pre-Budget Memorandum 2021-22 had advocated the need for raising it to 5%. However, to achieve this ambitious target, the country certainly needs to improve its infrastructure and enhance its capacity utilisation.

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