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Expenditure on freebies should generally not exceed 1% to 2% of the revenue. States like Andhra Pradesh, Madhya Pradesh and Punjab are spending more than 15% of their revenue in freebies. Food subsidy alone for the country touched Rs 2.87 lakh crore in 2022-2023. Over 81 crore beneficiaries are ....
The Centre is working with State Bank of India to launch an E-portal on the lines of Amazon to facilitate Medium, Small and Micro Enterprises to sell their products, Transport & MSME Minister Nitin Gadkari said here on Wednesday. At present, Amazon.com generates a business of around Rs.70,000 crore annually for Indian MSMEs, which can be enhanced by a dedicated E-Portal to enable them complete with global brands, he said at a webinar organised by All India Association of Industries President Vijay Kalantri. Stating that the government aims to increase the share of MSME sector in total exports from the current 48 percent to 60 percent in the coming years, Gadkari said that this would go a long way in boosting the Atmanirbhar Bharat programme of Prime Minister Narendra Modi. ....
Centre plans E-portal to sell MSME products: Gadkari By IANS | Published on Wed, Jan 20 2021 18:51 IST | 0 Views
New Delhi: Union Minister for Road Transport and Highways, Nitin Gadkari inaugurated and laid foundation stones for 33 NH projects in Karnataka through video conferencing, from New Delhi on Dec 19, 2020. These projects include 1197 kms long roads wor. Image Source: IANS News Mumbai, Jan. Jan 20 : The Centre is working with State Bank of India to launch an E-portal on the lines of Amazon to facilitate Medium, Small and Micro Enterprises to sell their products, Transport & MSME Minister Nitin Gadkari said here on Wednesday. At present, Amazon.com generates a business of around Rs.70,000 crore annually for Indian MSMEs, which can be enhanced by a dedicated E-Portal to enable them complete with global brands, he said at a webinar organised by All India Association of Industries President Vijay Kalantri. ....