The RBI’s Monetary Policy Committee today reduced the repo rate by 25 basis points to 6.0 %. Consequently the reverse repo rate is reduced to 5.75 %. The reduction in the repo rate is much on expected lines. However AIAI feels that RBI should have reduced the[…]
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“Micro, small and medium enterprises play a significant role in the economic growth and development of countries. Within ASEAN, MSMEs account for more than 96% of all enterprises, between 52% and 97% of domestic employment and 23% to 58% of the GDP, as well as 10% to 30%[…]
Read MoreGST a landmark rollout, say Mr. Kalantri Mr. Vijay Kalantri, President, All India Association of Industries (AIAI) said that roll out of GST is a landmark reform initiated by Hon’ble Prime Minister Shri Narendra Modi. This will go a long way in giving impetus to growth which will[…]
Read MoreUN General Assembly while recognizing the importance of micro, small and medium sized enterprises in achieving the global development goals has designated June 27 as the International Day for MSMEs. This day highlights the strong contribution of MSMEs not only in India but worldwide to livelihood, communities and[…]
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The landmark achievement of Latin America and Caribbean countries (LAC) in alleviating poverty from 47% to 25% between 2000 and 2014 holds great lesson for India. Government of Maharashtra is implementing livelihood mission to address the issue of poverty in the state. Maharashtra is keen to learn the[…]
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