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ANIMESH SAXENA
Festive cheer toys, textiles & footwear basking in GST shineSmall businesses are experiencing a welcome boost, with GST rate cuts and the festive season driving demand in sectors like toys, textiles,...- Sectoral impact: Industry to sit down with RBI for tariff assessmentReserve Bank of India will meet with industry leaders to discuss the impact of US tariffs. The consultation is planned for September. It wi...
- Regulatory hurdles stymie India’s ecommerce export growth: StudyIf India has to garner a substantial share of global e-commerce sales, it has to iron out various regulatory and compliance issues.
- Should Indian sports be cleansed of politics, politicians to reach zenith: Varun GandhiOne showed athletes at a state-level kabaddi tournament in Saharanpur being served food kept on toilet floor. In the other West Bengal Gove...
- Athletes served food stored in toilet in UP, sports officer suspendedAdditional Chief Secretary (Sports) Navneet Sehgal said that Saharanpur District Sports Officer Animesh Saxena was suspended on Monday. Dis...
- Ukraine-Russia war to lead to currency fluctuations, rise in energy prices and worsening of supply chain crisis, says industryThe country’s MSMEs, already reeling from the fallout of the pandemic, have enough reasons to be worried about the crisis. These small busi...
- Covid fallout: Govt says ‘67% MSMEs were temporarily closed’ in FY21; industry insists blow much biggerOver 50% of the respondent units witnessed a decline of over 25% in their revenues in 2020-21.
- ECLGS extension a plus in Budget, but interest subvention, lack of opportunity in PLI are big missesThe sector is happy that the government is giving some priority to MSMEs, but also rue the fact that there are no specific measures for sma...
- GST Council defers rate hike on textiles. "Big relief" says industryAnimesh Saxena, President, Federation of Indian Micro & Small and Medium Enterprises (FISME), said the decision is a "big relief" to both M...
- Banks disburse over Rs 2 lakh cr under ECLGS till mid-JulyUnder the originally announced scheme, MSMEs that had loans of up to Rs 50 crore at the end of February 2020 were eligible even with past d...
- MSMEs seek easing of NPA, compliance rulesThe Federation of Indian Small and Medium Enterprises (FISME) also pitched for creation of a “war-room” to monitor prices of key raw materi...
- Battered by Covid curbs, MSMEs seek definite assurance from GovtUnlike last year, the government says this time it aims to adopt a strategy of creating small containment zones to control the spread of th...
- No plan for national lockdown, says Finance Minister Nirmala SitharamanThe focus, instead, is on creating small containment zones to control the spread of the virus. India on Sunday reported 2,61,500 new Covid-...
- HC clerk summoned with record of Patkar's plea to quash defamation case by KVIC chiefIn the application filed on February 17, 2020, the Khadi Village and Industries (KVIC) chief alleged that Patkar had been continuously deny...
- MSME sector is the key to unlock India's economic growthAs part of the ET India Inc Boardroom series, panelists from the MSME sector were of the opinion that there is rapid growth of the online e...
- Only 30 to 40% MSME units have opened for work in Unlock Phase 1: FISME’s Animesh SaxenaEven as factories around the country open up gradually, the fear of Covid-19 remains. Migrant workers are reluctant to come back. Most SMEs...
- FM provides Covid-19 relief, no fresh insolvency proceeding against MSMEs for 1 yearNow, insolvency proceedings will not be initiated up to 1 year. Earlier, the MCA had extended it to six months.
- Don't rush to open factories: MSME bodyA key industry body representing micro, small and medium enterprises (MSMEs) has advised members not to rush into opening their units as st...
- Hit or miss? Industry expects impact of Budget on MSME investment cycle to be mutedKey industry stakeholders felt that though a number of proposals were announced for MSMEs by the FM, the Budget was not able to up the game...
- Current NPA norms are absurd, highly counterproductive: Animesh Saxena, FISME PresidentFor strengthening manufacturing, besides improving the business environment, we need to focus on technology upgradation on a massive scale ...
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