India is slowly establishing itself as one of the top players in the global defence industry. The statistics suggest that the domestic defence industry had a turnover of ₹1.27 lakh crore in the fiscal year 2023-2024, and the exports had…
MSMEs, or micro, small, and medium enterprises, are usually regarded as the mainstay of modern economies. They are responsible for a significant part of the global workforce, being at the forefront when it comes to innovation, besides helping to keep…
India’s post-pandemic economic recovery has been one of the fastest among major global economies. Despite global headwinds, the country’s strong macroeconomic fundamentals, judicious fiscal management, and far-reaching structural reforms have helped maintain strong growth impulses. Fiscal policy has emerged at…
MSME sector accounts for 30.1% of India’s GDP, 35.4% of manufacturing and 45.73% of exports in the country as on July 20251. As on July 16, 2024, total employment reported by the MSMEs on the Udyam Registration Portal (since July…
