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Enabling SMEs to penetrate global value chains of TNCs: Need to strengthen regional innovation systems


By Arjun Kumar, Ritika Gupta
MSMEs are key drivers of innovation, economic growth, and new employment generation, making them a key demographic constituent to measure the economic health of countries globally. And w Globalization of industries happening at a fast pace it will be critical for the growth of MSMEs to look into aspects of accessing the market potential offered by the global integration.
In the joint talk organized by Centre for Work and Welfare (CWW), Impact Policy and Research Institute, New Delhi, Counterview and Working People’s Charter, Prof Dev Nathan said that a lot of trade is nowadays organized in the form of global value chains, and it’s important to know one’s role, and potential to upgrade within the global value chains. It is a critical issue for developing countries as they move from being Least Developed Countries (LDCs) to become Moderately Developed Countries (MDCs) further moving along the middle-income trajectory. ....

New Delhi , Tamil Nadu , Akhilesh Sharma , Mh Bala Subramanya , Bala Subrahmanya , Kritika Gupta , Radhika Pandey , Arjun Kumar , Mh Bala Subrahmanya , Ketan Reddy , Informal Nature Of Micro Enterprises , Indian Institute Of Technology Madras , Department Of Management , Indian Institute Of Science Iisc , World Bank , Research Scholar , Medium Scale Enterprises , Research Institute , Industry Institute , Centre For Work , Department Of Humanities , Impact Policy , Working People , Prof Dev Nathan , Least Developed Countries , Moderately Developed Countries ,

Why Modi govt has done well to maintain continuity in inflation targeting framework


Why Modi govt has done well to maintain continuity in inflation targeting framework
Ila Patnaik
© Provided by The Print
[Dropcap]The[/Dropcap] Narendra Modi government has decided to retain India’s inflation target at 4 per cent with a band of 2 per cent on either side for another five-year period, ending March 2026. This is a welcome decision.
In a previous column, we argued that changing the inflation target at this time could make the task of managing inflation expectations difficult.
In the current uncertain economic scenario, retaining the inflation target provides stability and helps the Reserve Bank of India’s Monetary Policy Committee focus on anchoring inflation expectations, while also balancing the objective of supporting growth. ....

Narendra Modi , Radhika Pandey , Ila Patnaik , Shreyas Sharma , National Institute Of Public , India Monetary Policy Committee , Reserve Bank , Monetary Policy Committee , Finance Act , Consumer Price Index Based , Economic Survey , National Institute , Public Finance , நரேந்திர மோடி , ராதிகா பாண்டே , இழ பாதநைக் , ஷ்ரெயச் ஷர்மா , தேசிய நிறுவனம் ஆஃப் பொது , இந்தியா பண பாலிஸீ குழு , இருப்பு வங்கி , பண பாலிஸீ குழு , நிதி நாடகம் , நுகர்வோர் ப்ரைஸ் குறியீட்டு அடிப்படையிலானது , பொருளாதார கணக்கெடுப்பு , தேசிய நிறுவனம் , பொது நிதி ,

Why the fortunes of corporate India are beginning to show a sharp recovery


Why the fortunes of corporate India are beginning to show a sharp recovery
Performance of corporate India showed a sharp recovery in October-December quarter. Decline in Covid-19 cases & step-up in vaccination will further support recovery in coming months.
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The Covid lockdown shock derailed the economy roughly this time last year. Recent GDP data shows that the economy is getting back on track. In this article, we look at data for Indian listed companies and find a strong recovery in firm performance. 
After two consecutive quarters of contraction, growth returned to the Indian economy in the October-December quarter. GDP stood at 0.4 per cent in the quarter ending December 2020. While the agriculture, manufacturing and construction sectors posted growth, the contraction in trade, hotels, transport and communication was milder as compared to the July-August quarter.  ....

Ramandeep Kaur Theprint , Radhika Pandey , Ila Patnaik , National Institute Of Public , Ramandeep Kaur , Manager Index , National Institute , Public Finance , ராதிகா பாண்டே , இழ பாதநைக் , தேசிய நிறுவனம் ஆஃப் பொது , ராமண்டீப் காயார் , மேலாளர் குறியீட்டு , தேசிய நிறுவனம் , பொது நிதி ,