Senior officials from the Reserve Bank of India met about two dozen bankers on Monday for feedback on the central bank's new cash infusion tool, according to two bankers who attended the meeting.
Similarly, jute manufacturing (including floor covering) reported a decline of 10% to $23 million as compared to $26 million in February 2018.
Chennai: Similar to co-operative agricultural bodies to market produce directly and ensure value addition, textile department officials are now looking to create ‘weaver companies’ for small power loom weavers.
The first buying club for SMEs in India, Power2SME has announced its foray into the state of Chhattisgarh. The company will work towards providing finance and easing raw material procurement for MSMEs in the region.
The export volume of cut-make-produce (CMP) industries in Myanmar reached nearly $ 2 billion from October 1 last year, the first day of the current fiscal, to March 1.This was higher by $880 million compared to the figure during the same period in the last fiscal, according to Khin Maung Lwin, assistant secretary in the ministry of commerce.
The Narendra Modi government has introduced the much-needed second generation reforms with several game-changing decisions over the last five years, said Finance Minister Arun Jaitley on Monday, cheering the GST introduction, saying it will increase the assessee base in the first twenty-one months of its implementation by almost eighty percent.