Chapter 3 SMEs IN INDIA: ISSUES AND POSSIBILITIES IN TIMES OF GLOBALISATION Keshab Das Abstract With an impressive history of small firm development policy, in post-Independence India SMEs dominate the industrial scenario through its contribution to generation of employment and income as also tackling the problem of regional disparities. Given the imperatives of globalization, although in certain sectors strong external orientation could be observed even by the early 1980s, it is since 1991 that the small
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Double Taxation Avoidance Agreement - India & Mauritius: Does revising treaty loosen up the existing relations? The island Mauritius located in the south west part of the Indian Ocean lies about 3,900kms south west of India. Despite the long distance separation between the countries, Mauritius still possesses the seeds of Indian origin sown back in 1820’s during the time of colonial rule. According to the statistical data, 68% of the Mauritians are Indian origins called as ‘Indo – Mauritians’
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(in 1990 Geary-Khamis dollars) (data range 1950-2003) Since 1991, the Indian economy has pursued free market liberalisation, greater openness in trade and increase investment in infrastructure. This helped the Indian economy to achieve a rapid rate of economic growth and economic development. However, the economy still faces various problems and challenges. 1. Inflation Fuelled by rising wages, property prices and food prices inflation in India is an increasing problem. Inflation is currently between
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delivered at Bangladesh Economic Association, Dhaka January 8, 2002 Mr. Chairman, Ladies and Gentlemen: It is a great pleasure for me to return to Bangladesh after nearly 15 years and to have this opportunity to speak at the Bangladesh Economic Association. I last visited this beautiful country in 1986 as a member of an economic advisory team working on tax reforms. I have followed your country’s significant achievements since the early 1980s: a steady pace of economic growth, strong increases
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Introduction: Economic growth and development of any country depends upon a well-knit financial system. Financial system comprises, a set of sub-systems of financial institutions financial markets, financial instruments and services which help in the formation of capital. Thus a financial system provides a mechanism by which savings are transformed into investments and it can be said that financial system play an significant role in economic growth of the country by mobilizing surplus funds and
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Section A: Fundamentals of Accounting (60 Marks) 1. Theoretical Framework: (i) Meaning and Scope of Accounting, (ii) Accounting Concepts, Principles and Conventions, (iii) Accounting Standard – concepts, objectives, benefits, (iv) Accounting Policies and (v) Accounting as a measurement discipline – valuation principles, accounting estimates. 2. Accounting Process: Books of Accounts leading to the preparation of Trial Balance, Capital and revenue expenditure, Capital and revenue receipts, Contingent
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Analysis of the Gross Domestic Products of CHINA INDIA PAKISTAN Background of the Indian Economy The India economy, the third largest economy in the world in terms of purchasing power, is going to touch new heights in coming years. As predicted by Goldman Sachs, the Global Investment Bank, by 2035 India would be the third largest economy of the world just after US and China. It will grow to 60% of size of the US economy. This booming economy of today has to pass through many phases
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in conquest? If so, who are the conquerors? Are they still in charge? India has seen conquerors since the 3rd century B.C. and was controlled by the Aryans, Turks and eventually European nations. It was very lucrative to trade with India which was rich in spices, gold and silver, silk and tea. The vast population of India provided potential markets to the European nations who set up companies there. The line between the economic and political power soon got blurry as the nation’s put up military bases
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LEGAL ASPECTS OF BUSINESS The next big reform – GST Submitted to – Prof. I. Sridhar By, Ashwin R Golapkar Section E 2012PGP120 TABLE OF CONTENTS Introduction ....................................................................................................................................................... 3 Objectives of Tax reforms ............................................................................................................................. 5 Implementation of the Existing
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Professional Education and Research, Bhopal Business Environment Report on BRIC 2050 India performance and status Submitted To: Submitted By: Prof. (Dr.) Resham Chopra Bharat Naryani Priyank Ajmera BRIC BRIC are the acronym used to refer to the combination of the four biggest emerging-market countries: Brazil, Russia, India and China. According to Wikipedia BRIC (Brazil, Russia, India, and China) is a coalition of regional and superpowers reportedly proposed by Russian President
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