access_time2021-06-08T10:38:44.249ZfaceS T Raghuraman, CGM ( Retd ), NABARD
ENTERPRISES IN RURAL INDIA Villages constitute the backbone of the Indian economy. Even today 60% of the population of India resides in its six lakh odd villages. That's the reason why it is often said that India lives in its villages. Its no surprise that the development of villages is of immense...
access_time2021-06-08T10:30:11.065ZfaceS T Raghuraman, CGM ( Retd ), NABARD
GROWTH OF MSMEs IN INDIA According to the annual report by the Government (2018-19), there are around 6,08,41,245 MSMEs in India. MSMEs contribute nearly 8% of the country’s GDP, around 45% of the manufacturing output, and approximately 40% of the country’s exports. They undoubtedly represent the B...
access_time1622439000000faceINDIA SME ACCELERATOR NETWORK
Increase in Budgetary Outlay Budget Allocation for FY 2021-22 for the MSME more than doubled to Rs.15700 crore vis a vis Rs.7572 crore in 2020-21 (para 114); Rs. 10000 crore corpus for provision of guarantee for borrowings - a huge relief to the sector; Provisions for earlier announced Atma Nirbhar ...