There is no denying that countries with bountiful natural resources in terms of mineral reserves have better prospects of accelerated economic development. Indian mining industry too, is one of the core sectors of the economy as it provides raw...
A mix of traditional credit facilities from banks and innovative financing mechanisms will be critical for the growth of MSME in recent times
As India aspires to become a developed super-economy, the transformation of the MSME sector remains a prerequisite. Indian MSMEs contribute 8 per cent to National GDP, 45 per cent to manufacturing output, 40 per cent to exports, and provide...
Debt restructuring, or eventual liquidation will be a speedier exercise and hopefully less frustrating for the stakeholders.
Budget 2018 has introduced major reforms in the social sector, viz. healthcare and education. FICCI looks forward to greater measures in this direction in coming years.
Having sensed the opportunity right, several companies in India have also begun adopting the A.R.T approach to running a successful business instead of working in silos and reinventing the wheel.