Latest News
-
Rs 28/Sh Dividend Payout Soon: Motilal, JM, Religare, 3 Other Brokerages Recommend BUY On Infosys, Rs 1,738 TP -
Free Shares Soon: Multibagger Energy Stock To Consider Bonus Share On April 25, Bags Order -
1:2 Stock Split: Ex-Date In 2 Days On 24, April; Buy Before The Record Date To Be Eligible? -
100% Dividend Declared: Record Date On 21st June; Buy The Specialty Chemical Stock? -
1:10 Split, Rs 299/Sh Dividend; Lakhpati Stock, Tata's Steel Up 16% YTD; Buy Before Q4, Highest TP Over Rs 210 -
Rs 10/Share Final Dividend: Record Date To Be Announced Soon; Buy The IT Stock? -
Highest Ever Dividend of Rs. 70/Share: Buy The HDFC Group Stock To Be Eligible? -
Cognizant and Microsoft Forge Partnership to Drive Generative AI Adoption -
From Trent To HAL: Motilal Oswal Recommends 3 Stocks To Buy This Week -
250% Dividend: Tata Group Firm Declares Net Loss Of Rs 21 Cr In Q4, Shares Rally
Growth Of Large Enterprises Closely Tied To SME Growth: Dr Arvind Panagariya
Speaking at the Opening Session of the Global SME Business Summit, organised by CII, Dr. Arvind Panagariya, Vice Chairman, NITI Aayog, said that enterprises with less than 20 employees comprise of 73% of employment generation in the manufacturing sector. 88% of manufacturing output however is churned out by enterprises employing greater than 20 workers.
Dr. Anup K Pujari, Secretary, Ministry of MSME announced that Indian MSMEs are increasingly becoming more vibrant, which has resulted in their increasing share to the country's GDP, employment and productivity. He said that the Government is constantly working towards further enhancing the capabilities of the Indian SME sector. He added that the true victory of policy makers in the SME space will be to see these enterprises' transition from small to large enterprises. The Ministry of MSME is prepared to work towards this goal with support from various stakeholders.
Ms. Partricia Hewitt, Chair, UK India Business Council emphasised on the need to strengthen partnerships and enhance trade relations between the two countries. She added that it is imperative for SMEs in both country to work closely together so they can grow together. She also confirmed that UK is working with the Indian Government and some State Governments to dismantle regulations. Many UK based firms have invested in India, many with 100% FDI, and contributed to the 'Make in India' campaign initiated by Shri. Narendra Modi, she added.
GoodReturns.in
