Although no exclusive concessions have been announced for SMEs in the Budget speech, they are optimistic about the thrust on infrastructure development
Additionally, a trade receivables platform has been proposed to finance receivables from corporates and other buyers through financial institutions
Demand has dipped by 60-65% over the last two years and this has resulted in closure of almost 75 units
Pushpal Shinde now earns some Rs 50,000 a month by selling washing powders under the brand SARA. She also employs four persons
These small and medium-sized units supply steel and steel alloy components for passenger and commercial vehicles
India levies amongst the highest duties on import of raw materials and one of the lowest duties on import of finished rubber goods
Offers incentives like capital investment subsidy, interest subsidy and VAT reimbursement
Value of shipments touches Rs 15,000 cr; exporters hope to achieve Rs 36,000 cr by 2016-17
Easier listing norms, bankruptcy code among measures likely to be announced in Budget session
Nagarathars are known for their business acumen & entrepreneurship, having built some of the most successful business houses in country over the past 150 years