Growth Rate
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Opportunity India Desk Dec 13 2023 - 3 min readThe Jocata-Sumpoorn index, a key indicator of sales activity for credit-seeking micro, small, and medium enterprises (MSMEs), surged to 0.62 in October, signaling a shift from the mild expansion zone, observed over the past five months, to moderate. The rising index suggests a potential breakthrough towards robust growth in the coming months.
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Opportunity India Desk Feb 22 2023 - 2 min readThe MSME Ministry has said that the Khadi and Village industries’ growth rate is expected to decline in Financial Year 2023 with turnover growth to be 13.8 per cent, down from 20.54 per cent in Current Financial Year ending on March 31 (FY 2022-23). Presenting the FY23 annual report released, the ministry said Village industries ...