Ease of doing MSME business

The problems of India's MSMEs represent in miniature the problems of business in general

Kanika Datta 

Kanika Datta India has been consistently getting its Ease of Doing Business priorities wrong. When we think of the World Bank’s signature rankings we view it in terms of persuading mega-foreign corporations to part with their hard-earned investment dollars. It is always good for a government to set its sights high. But it also needs to set its sights realistically. Prime Minister Narendra Modi and his economics boffins, whether foreign-trained or domesticated, may do better to look down from the Olympian concern for big business and focus attention on micro, medium and small enterprises, ...

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First Published: Wed, September 20 2017. 22:42 IST