July 26, 2024
Union Minister of Micro, Small, and Medium Enterprises, Mr. Jitan Ram Manjhi, announced over 1.84 crore women-owned MSMEs, with 39% registered on Udyam and UAP platforms as of July 23rd, 2024.
The Union Budget 2024-25 highlights a US$ 23.88 billion (Rs. 2 lakh crore) Prime Minister’s package to enhance employment and skilling for 4.1 crore youth over next five years.
Budget proposals for marine sector to boost India's aquaculture: MPEDA
MPEDA noted that the Union Budget 2024-25 significantly impacts India's marine sector by rationalizing customs duties and enhancing financing to boost aquaculture and seafood exports.
Under PMKSY, MoFPI has approved 41 mega food parks and 399 Cold chain projects, while the PMFME scheme supports 92,549 micro food processing enterprises with US$ 1.19 billion (Rs. 10,000 crore).
India's electronics manufacturing sector to see a surge in jobs with new incentive schemes
The new employment-linked incentive schemes are set to significantly boost India's US$ 500 billion electronics sector, creating up to 5 million jobs by 2030 and driving substantial growth and investment.
Regional print media companies to experience 8-9% revenue growth in FY25: Crisil
Regional print media is set for an 8-9% revenue boost this fiscal, with 20-22% profitability growth, driven by strong advertising and subscriber loyalty, says Crisil.