ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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The Union Budget 2023–24 and the Financial Sector

In the context of the financial sector and budget 2023–24, it is argued that while the Emergency Credit Line Guarantee Scheme has played a significant role in the revival of credit growth, in the days to come, the problem of non-performing asset accumulation remains a distinct possibility.

Firm Transitions in Indian Formal MSMEs

Using a panel of formal manufacturing and service sector firms incorporated during 2000–08, and by following each firm for a period of five years (2007–15) after incubation, we analyse the relationship between firm transition, firm age, and firm size. The results show an inverted U-shaped relationship between firm transition and age consistent with the non-linear relationship between age and performance suggested in the literature. However, our interpretation suggests a different possibility. We also show that the choice of definition of firm size has a distinct impact on the transition patterns and size structures of firms in the manufacturing and service sectors.

How did India’s Women Enterprises Fare during the COVID-19 Lockdown?

The pandemic has affected self-employed women (comprising women entrepreneurs, women self-help group members and home-based workers), which include almost 50% of all working women in India, due to disruptions in supply chains. Further, non-payment of past wages and pending arrears have made these women and their households prone to economic shocks. This article draws on findings from research conducted during the lockdown to understand the economic impact on women-owned and led enterprises.
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