The Survey wants to adopt a completely different approach in respect of taking policy initiatives in the MSME sector since the policy makers who prepared the Survey believe that capital investment fosters job creation as capital goods production, research and development and supply chains also generate jobs. International evidence suggests that capital and labour are complementary when high investment drives growth.
Tirupur: The Union Budget has disappointed apparel industrialists.
The textile industry here has welcomed the Union Budget proposals saying that it is growth oriented.
Ludhiana: Despite including a series of announcements aimed at their relief, the Union Budget has failed to woo the small businessmen of the city.
New Delhi: As part of the National Democratic Alliance government’s focus on bringing micro, small and medium enterprises (MSMEs) under the formal economy’s fold, a payment platform for the MSMEs will be set up, finance minister Nirmala Sitharaman announced in her maiden budget speech on Friday.
Finance Minister Nirmala Sitharaman today unveiled a budget aimed at boosting infrastructure and foreign investment, the first since the Bharatiya Janata Party led by Prime Minister Narendra Modi returned for a second term in power.