Bøger af Prashant Deshpande

A case Study of Indian MSMEsThe United Nations General assembly has designated 27 June, 2023 as MSMEs Day to raise awareness about tremendous contribution of MSMEs (Micro, Small, & Medium-sized enterprises) to achievement of the United Nations SDGs (Sustainable Development Goals). Small & Medium-sized enterprises are the lifeblood of many economies around the world and are important, especially in developing countries like India. The Indian MSME sector plays a crucial role in the development of the Indian economy. Its contribution to the country¿s GDP is nearly a third of the country's GVA (Gross Value Added) and it contributes nearly half of the country's exports. The sector is a major employer, especially in the country's rural and less developed areas helping reduce the regional imbalance. The sector also strengthens other industries by providing them with raw materials and ancillary products. Underscoring the importance of MSMEs the Finance Minister of India in her Budget on February 01, 2023 has proposed to spend a record Rs. 22,138 crores on allocations aimed at MSMEs.

Recent times are witness to the changing power equations in Asia, with rapid emergence of Chinese influence, and the relative decline of the influence of United States. India herself has been rising to prominence since the 1990s, particularly since its nuclear tests in 1998 onward. Since the beginning of the twenty-first century, India has been perceived as the country next to China seeking a major power status. Although India has previously tended to conceal its power aspirations, in 2015 it declared its intention to be a leading power.After the cessation of Cold War, particularly since the 2000s, the rapid rise of China has posed a challenge to the influence of the United States in Asia.India had been a reluctant player in the international theatre since its Independence in 1947 until the 2000s. Beginning 2010s, however, India has metamorphosed itself into a dynamic actor, and has switched from, denying to affirming its status as a major power. The process particularly has acquired speed after Narendra Modi assumed the charge as the Prime Minister of India.

Tea is indigenous to India and is a major foreign exchange earner and contributor to the GNP (Gross National Product) of the country. In all aspects of tea production, consumption and export, India has emerged as the world leader. The range of teas offered by India, from the original Orthodox to CTC (Crush, Tear, Curl), Green Tea, the aroma and flavour of Darjeeling Tea to, the strong Assam and Nilgiri Tea, remains unparalleled in the world.India is the second largest producer of tea, the largest consumer, and the fourth largest exporter in the world, after Sri Lanka, Kenya and China. Almost 85 % of the total tea produced in India is consumed locally. Per capita domestic tea consumption in India has grown significantly from 200 grams in the early 1950¿s 700 grams today. Such a massive domestic consumption has affected the performance of Tea Sector on the Export front. Export of Tea as Quantity in million kgs from India increased from 201 million kgs in 1950 to 222 million kgs in 2016, accounting for a mere 10.45 % increase over the period. The government therefore needs to take measures urgently to improve Export Performance of the sector, an important foreign exchange earner.