CII BLOG

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24 Jan 2023 The Finance Minister Ms Nirmala Sitharaman will be presenting her fifth Union Budget on 1st February. She has displayed a keen understanding of the macroeconomic backdrop, crafting her Budgets in line with the requirements of the economy. In particular, her mini-Budgets announced during the pandemic have been…

25 Jul 2022 Historically, India has supported and encouraged micro, small and medium enterprises (MSMEs) through various policy initiatives by providing them with subsidized credit, technical assistance, excise tax exemptions and preference in government procurement (Expert Committee on MSMEs, RBI, 2019). The Small-Scale Reservation Policy (1967), which attempted to shield…