MSMEs are still facing some challenges, especially with GST compliances and hence are expecting multifold reforms some of which are discussed hereunder.
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Experts say the government should announce ways to reduce the credit gap in the Budget and make the sector more self-reliant.
Budget 2024: MSME data stack, alternative credit assessment models can bridge $530 bn credit gap, says industry
economictimes.indiatimes.com
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To achieve India’s ambitious growth objectives and fulfil India’s Nationally Determined Contributions, green finance is imperative.
Navigating climate risks: India's financial sector gears up for transparency with RBI's draftGuidelines
economictimes.indiatimes.com
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In 2022, Nestle, Unilever, Mondelez, and Ferrero rolled back plastic goals, causing an additional 280,000 metric tons of non-recyclable waste annually.
Nestle shifted critical recycling goal and revealed scale of plastics problem
economictimes.indiatimes.com
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De-risking supply chains as a strategy gained momentum during the pandemic, and India was expected to profit from it. However, the gains have, at best, been limited so far.
Why India has not been a top gainer from China Plus One
economictimes.indiatimes.com
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A complex AI-driven technology that data crunchers at KoBold Metals painstakingly built over years helped identify a copper bonanza deep below a site in Zambia, and the company's process could radically transform the discovery of metal and mineral deposits critical not only to the tech industry but to the fight against climate change.
Artificial Intelligence helped to find a vast source of the copper that AI needs to thrive
economictimes.indiatimes.com
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MSMEs do not find it an apt solution to address the financial constraints faced by them, and many exporters also wanted an exemption from the rule.
Budget 2024: 45-day payment rule for MSMEs must come to an end, industry says
economictimes.indiatimes.com
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Amazon reported earlier this week that its carbon emissions fell by 3% in 2023 as it cut spending on new construction of warehouses and data centers.
Amazon’s sustainability chief: ‘We have to act now’ on climate
economictimes.indiatimes.com
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Besides electronic manufacturing-based MSMEs, the country is also home to thousands of services companies, which are technically small and medium companies, and the ministry is “constantly concerned” about their growth, too, said the Secretary.
Digitalisation will drive the next growth wave for MSMEs: Secretary of MeitY
economictimes.indiatimes.com
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One of the biggest challenges in the solar industry remains the negligible production of solar cells and wafers in the country.
Budget 2024: Import duty on renewable sector components a double-edged sword, need gradual transition, say experts
economictimes.indiatimes.com