MSME Special

MSME exports rise

The last year saw MSME segment's combined export reaching all time high level in terms of value. According to the Directorate General of Commercial Intelligence and Statistics (DGCIS), India's Micro, Small and Medium Enterprise(MSME)sector recorded $147,390.08 million value of products exported in the financial year 2017-18. That was the best performance in the last six years. In the year 2016-17, the MSME's export value stood at $137038.8 million, as almost the same figure of the previous year. Year$ Million2017 - 18147390.082016 - 17137068.82015 - 16130768.72014 - 15138896.722013 - 14133313.282012 - 13127992.76 ...

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Sector Watch

Growth of agriculture sector

The government has been implementing Sub-Mission on Plant-protection and Plant Quarantine Scheme, under which Integrated Pest Management is promoted to educate the farmers about the judicious use of chemical pesticides. Bio-pesticides and bio-control measures are also being promoted. YearPercentage change over previous year2014 - 15-0.22015-160.62016-17(Third Revised Estimate)6.82017-18(Second Revised Estimate)5.92018-192.4 Hybrid seeds resisted pests. A spray of arsenic chemicals to control pests enabled farmers to find ease. All these finally imperilled human health, compelling some section to return to the organic methods of farming. Fertilizers are essential to improve soil health and to sustain higher agricultural productivity in the country. Accordingly, the Government of I...

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