Examine the impact of the pandemic on the MSME sector. What steps are required to make the MSME sector more resilient to external shocks in the future?

Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment 5. Examine the impact of the pandemic on the MSME sector. What steps are required to make the MSME sector more resilient to external shocks in the future? (250 words) Difficulty level: Moderate Reference: The Hindu Why the question: Despite …

[MISSION 2022] SECURE 2022 : Daily UPSC Mains Answer Writing Practice: 5 April 2022

    Click on EACH question to post/upload you answers. How to Follow Secure Initiative? How to Self-evaluate your answer?  MISSION – 2022: YEARLONG TIMETABLE Join IPM 4.0 to get an assured review of 2 secure answers everyday   General Studies – 1 Topic: population and associated issues, poverty and developmental issues, urbanization, their problems and …

Examine as to why despite high growth rate and good prospects, the MSMEs have faced certain constraints that have obstructed its way of achieving its true potential. (250 words)

Topic:  Effects of liberalization on the economy, changes in industrial policy and their effects on industrial growth.   3. Examine as to why despite high growth rate and good prospects, the MSMEs have faced certain constraints that have obstructed its way of achieving its true potential. (250 words)   Difficulty level: Easy Reference: InstaPedia   …

Raising and Accelerating MSME Performance (RAMP):

GS Paper 2: Topics Covered- Government policies and interventions for development in various sectors and issues arising out of their design and implementation.   Context: Recently, The Union Cabinet approved a USD 808 million or Rs 6,062.45 crore, World Bank assisted programme on “Raising and Accelerating MSME Performance” (RAMP). RAMP is a new scheme and …

[MISSION 2022] SECURE 2022 : Daily UPSC Mains Answer Writing Practice: 29 March 2022

  Click on EACH question to post/upload you answers. How to Follow Secure Initiative? How to Self-evaluate your answer?  MISSION – 2022: YEARLONG TIMETABLE Join IPM 4.0 to get an assured review of 2 secure answers everyday   General Studies – 1 Topic: Salient features of Indian Society, Diversity of India. 1. Atmanirbhar Bharat is a …

The Micro, Small and Medium Enterprises (MSME) in India play an important role in India’s economic and social arena with significant contribution to output, employment and exports. Examine the impact of Free Trade Agreements (FTA) on India’s MSME sector. (250 words)

Topic: changes in industrial policy and their effects on industrial growth. 5. The Micro, Small and Medium Enterprises (MSME) in India play an important role in India’s economic and social arena with significant contribution to output, employment and exports. Examine the impact of Free Trade Agreements (FTA) on India’s MSME sector. (250 words) Difficulty level: …

Enumerate the provisions for the growth of MSME sector in India in the union budget 2022-23. Examine the potential of Emergency Credit Line Guarantee Scheme (ECLGS) in ensuring additional working capital requirements for MSME’s. (250 words)

10.Enumerate the provisions for the growth of MSME sector in India in the union budget 2022-23. Examine the potential of Emergency Credit Line Guarantee Scheme (ECLGS) in ensuring additional working capital requirements for MSME’s. (250 words) Reference Introduction The Union budget 2022-23 strives to enact economic reforms for the country that is recovering from the …

By adopting e-commerce, MSMEs stand to gain significant advantages such as increased revenues, improved market reach and customer acquisition. Examine.

Topic: Effects of liberalization on the economy, changes in industrial policy and their effects on industrial growth. 6. By adopting e-commerce, MSMEs stand to gain significant advantages such as increased revenues, improved market reach and customer acquisition. Examine. (250 words) Difficulty level: Moderate Reference: Live Mint Why the question: As India’s economic recovery remains fragile, …

The micro, small and medium enterprises (MSMEs) are indispensable to economic and social development of the country. MSME sector is required to be empowered to face the existing challenges for it to be truly a strategic asset for the economy of the country. Examine.

Topic: changes in industrial policy and their effects on industrial growth. 5. The micro, small and medium enterprises (MSMEs) are indispensable to economic and social development of the country. MSME sector is required to be empowered to face the existing challenges for it to be truly a strategic asset for the economy of the country. …

How Small and Medium Companies will benefit from higher thresholds? 

  Topics Covered:  Inclusive growth and issues related.    How Small and Medium Companies will benefit from higher thresholds?  Context:  The Corporate Affairs Ministry has expanded the turnover and borrowing thresholds for Small and Medium sized Companies (SMC).    What is the change?  The Corporate Affairs Ministry has increased the turnover threshold for SMCs to …

Insights into Editorial: Re-imagining and reinventing the Indian economy

Context: The COVID-19 pandemic has disrupted the global economy and India is no different. The significant reduction in domestic demand caused by the nationwide lockdown has pushed the economy towards contraction in the first quarter of 2020-21, and the impact is likely to be felt in subsequent months as well. In this regard, PM Shri …

Consolidated notification on MSME classification and registration

Topics Covered: Inclusive growth and issues arising from it. Consolidated notification on MSME classification and registration The Micro Small and Medium Enterprises (MSME) Ministry has issued consolidated notification for classification and registration of MSMEs to be effected from July 1. This notification would supercede all earlier notifications with regard to classification or registration of MSMEs. As …

Insights into Editorial: Textile industry seeks govt support to stay competitive

  Context: The textile industry has urged the government for reimbursement of all the duties and taxes incurred during production to help enhance overall competitiveness of the sector. Cotton textiles exports declined by 16.50 per cent during April 2019 to February 2020 to USD 9,405 million compared to USD 11,262 million in the same period …