Govt plans alternative financing plans for MSME exporters

The government is planning to introduce alternate financing models, including export factoring services and trade credit insurance, to support MSME exporters. This initiative aims to provide collateral-free, pre-shipment loans and enhance credit access to revive India’s declining goods exports.

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Can tax cuts fuel a consumption boom?

Consumption is crucial for the economy amid uncertain exports and low corporate investments. The finance minister introduced significant income-tax cuts while maintaining fiscal consolidation. Although the impact on household consumption is unclear, corporate earnings should compensate. Real wage recovery remains…

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