Upon completion of two-year term of the ‘National Startup Advisory Council’ (NSAC), the Central Government has nominated the non-official members on the National Startup Advisory Council
KMA Team National Startup Advisory Council’ (NSAC)
ECONOMICS
Copper import jumps 30 per cent in FY23.
India’s copper import bill increased 20 per cent year on year in FY23 in value terms to ₹ 27,131 crore (₹ 21,985 crore) following a post Covid economic recovery and…
Selection criteria for MSMEs
Definitions of Micro, Small & Medium Enterprises In accordance with the provision of Micro, Small & Medium Enterprises Development (MSMED) Act, 2006 the Micro, Small and Medium Enterprises (MSME) are…
The Reserve Bank of India (RBI) permitted the linking of Rupay credit cards to UPI accounts
In News: The Reserve Bank of India (RBI) permitted the linking of Rupay credit cards to UPI accounts, thereby allowing the plastic to be used for smaller transactions as well.…
Microfinance Industry Network (MFIN), a RBI-recognised self-regulatory industry association for Microfinance, introduces the 3rd edition of Micro Matters: Macro View –India Microfinance Review FY 2022-23.
Microfinance Industry Network (MFIN) was established in 2009 as an Association for NBFC-MFIs. In 2014, MFIN was recognised by the Reserve Bank of India (RBI) as India’s first Self-Regulatory Organization…
Rabi uncertainties, political costs of dal-roti inflation – the government must do more
Rabi sowing is off to a sluggish start. One reason is the delayed harvesting of kharif crops, especially paddy, in states such as Punjab, Haryana and Uttar Pradesh that has,…
Over Rs 93,240 crore of stressed unsecured loans in bank portfolios
Recently, with the rise in fintechs which operate digital lending apps, for the sharp rise in unsecured loans, they themselves are sitting on over Rs 93,240 crore of unsecured loans…
APEDA gears up to bring back India’s glory in cashew export.
After India missed an opportunity that Vietnam took in 2002 by modernizing its cashew processing units to the international level, the government’s agri export promotion body APEDA was tasked two…
Wilful Defaulters
Wilful defaulter A “Wilful default” would be deemed to have occurred if any of the following events is noted:-
Sovereign gold bonds (SGBs)
Sovereign gold bonds (SGBs) were introduced in the country in FY16 against the backdrop of a forex crisis, which was fuelled partly by high gold imports. The idea of SGB…