MUMBAI: India's central bank outlined two measures on Wednesday aimed at easing liquidity pressures on crisis-hit shadow banks, but industry insiders say the moves, while positive, are unlikely to lead to any substantive improvements in the troubled sector.
In India, the MSME sector has always been one of the most neglected topics in the eyes of our nation’s governing bodies both at the Central as well as at the State level resulting in the lacklustre performance of the sector in its contribution towards overall GDP.
The Garment Manufacturers Association in Cambodia yesterday issued a statement expressing support for the reduction of public holidays by the government next year because the move will improve the Kingdom’s economic competitiveness.
Industry Desk: Only 200 out of 1,600 garment factories in Bangladesh have met the requirements of an international accord on worker safety, and 400 factories have been barred from taking international orders, the industry body’s president said recently.
Apparel exporters have appealed to the Union Government to continue the Merchandise Exports from India Scheme (MEIS) for garment exports.
Vehicular movement in Mirpur comes to a halt while police was mediating the stand-off