India’s exports to Australia fell by 62% in December 2022 as exporters delayed the shipments to get the benefit of 5% duty under the India-Australia Free Trade Agreement, which came into effect from December 29.
SMEStreet Foundation Celebrates World MSME Day With a Commitment to Add Value for Entrepreneurs Who Thrive to Exceed
New Delhi, India, Jun 28, 2021 - (ACN Newswire) - Every crisis has some positive takeaway. Every challenge can lead to an innovative solution that can be a benchmark. Entrepreneurs and especially the MSME entrepreneurs hold great importance because of the great spark they possess. The spark to exceed and the spark to change their own levels, and influence their respective ecosystems.
In 2017, a United Nations resolution was passed acknowledging the importance of encouraging formalisation of the MSME segment that accounts for over 90% of all firms globally, around 70% of total employment. The UN also announced June 27th as the International or World MSME Day. A program titled Enhancing National Capacities for Unleashing Full Potentials of MSMEs in Achieving the SDGs in Developing Countries was launched at that time. This program is conceived and operates under the