Discover and read the best of Twitter Threads about #MSME

Most recents (3)

A simple understanding of the slowdown that has gripped us since 2015 (we are discounting all growth numbers put out) #EconomicSlowdown
Demographics bite–India’s Unemployment rate has spiked from 3.5% in 2010 to over 6% in 2018 : some estimates put this no. At over 9% for 2019
Gross Domestic Savings rate as a % of GDP has fallen from 34% in 2010 to 29% in 2018 – FYI we grew from 22% in 1991 to 26% in 1995 and from 28% in 2003 to 34% in 2010 (the so called boom years)
Gross Investment has fallen from a high of 41% of GDP in 2012 to 32% in FY 18
Subsidies remained flat during 2014 – 2018 (marginal increases ) compared to a near 6X increase between 2005 – 13 (putting more money in the hands of the consumer).
STAGFLATION in the Rural Economy between 2014-2019 did not help
Read 13 tweets
#STPIINDIA has been playing the role catalyst in bolstering the growth of #IT industry by providing state-of-the-art incubation facilities to #startups,#MSMEs & budding entrepreneurs in IT/ITeS sector to nurture tech-fueled entrepreneurship in India.#STPIIncubation #KnowAboutSTPI
In the early 90’s, when development of physical infrastructure needed massive investment, #STPIINDIA pioneered incubation services to nurture budding IT companies & promote them to leverage the enormous opportunities in software exports. #STPIIncubation #KnowAboutSTPI @Omkar_Raii
#STPIINDIA has been providing world-class incubation facilities to #startups, #MSMEs & budding entrepreneurs in #IT industry since 1991 to stimulate the growth of tech entrepreneurship pan-India by enabling hassle-free operations. #STPIIncubation #KnowAboutSTPI @Omkar_Raii
Read 48 tweets
India in Numbers

This #RightFactsThread will give u an great Insight about #RecentHappening in India, and relate it to #Facts, #Data & #NewIndia vision of @narendramodi

👉India's Size = 32.87 lakh sq km

👉India's GDP is now > 2.8trillion dollars!

1/n
#MSME sector:
👉It account for 30% of India's GDP,
👉45% of manufacturing output
👉40% of exports

Thus @narendramodi govt. Is giving special focus announced
✓Ministry opened
✓All PSU need to procure 25% frm MSMEs
✓1 cr loan in 59 min
✓2% interest subvention scheme

2/n
#Agriculture/#Farmers
👉15.6% of our GDP
👉68.8% rural population depends on Agriculture (34.6% directly& rest indirectly)

Still Over 1/5th of farmers' households are #BelowPovertyLine😢😢

Thus #DoubleTheFarmers by 2022 of @narendramodi is Top Priority

3/n
Read 7 tweets

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