5.

Role of MSMEs in growth of Indian economy are described as following:

 MSMEs contribute about 30% of the country’s gross domestic product (GDP).
 In terms of exports, they are an integral part of the supply chain and contribute about 40%
of the overall exports.
 MSMEs also play an important role in employment generation, as they employ about 110
million people across the country.
 These are intertwined with the rural economy as well, as more than half of the MSMEs
operate in rural India.

Current policies to boost the MSMEs sector are as following:

 Under the ‘Atmanirbhar Bharat Abhiyaan’ was announced to help this sector grow.
 Other policies are Coir Industry Technology Upgradation Scheme (CITUS), Science and
Technology (S&T) for Coir, Skill Upgradation & Mahila Coir Yojana (MCY), etc.

Despite these policies this sector is facing credit crunch. Another problem is the lack of
experience of recources. Though Atmanirbhar package was launched still there should major
steps be taken to ensure credit avaiablility, resource pool and job security so that thisbakcbone
can perform better

4.

Here are the analysis of the Atma Nirbhar Bharat Abhiyan program. Under this programme:

 It was to be ensured the expediting payment of dues to MSMEs.

 A special insolvency resolution framework for MSMEs was setup so that there is easy entry
and exit of companies
 Policy was ensured so that the global leader were discourage to compete with domestic
companies
 Reduction of tax deduction for non salaried and Tax collection at source was reduced
 Along with it many concessions were given to agricultural sector
 For migrant worker one nation one card have to be established
 Pakages for public health was announced

Atma Nirbhar Bharat Abhiyan program was aimed at many different sectors.

 Firstly this has ensured that MSMEs will not go out of business and discouraged the entry of
major players in the entry in their sector. This will help in ensuring the employment to be
intact and further boost the economy.
 Next was the package announced for the agriculture sector. In this sector many reforms
were given and along with it credit to farmers, fisherman, etc were given so as to ensure
that the continue their livelinhood. As agriculture is also backbone of the country hence this
needs to be protected.
 Policies to protect migrant workers were there so that the face no difficulties
 Airspace sector was also given relaxation interms of space management
  In energy sector the regulatory assets were eliminated so that consumers as well as
producers may face little difficulty.
 Similarly housing and social sector were also given benefits

So this package or programmer took care of the economy overall by ensuring every sector may
benefit from this.

3.

The budget proposed this year cover took account of the following aspects:

1. *Health and Wellbeing*

 This will develop capacities of primary, secondary, and tertiary care Health Systems,
strengthen existing national institutions, and create new institutions, to cater to
detection and cure of new and emerging diseases.

2. *Physical & Financial Capital, and Infrastructure*

 This initiative will help bring scale and size in key sectors, create and nurture global
champions and provide jobs to our youth. These sectors are mainly textile,
infrastructure, roads & highways, railways, power, ports, etc.

3. *Inclusive Development for Aspirational India*

 This majorly focused on Agriculture and Allied sectors, farmers’ welfare and rural
India, migrant workers and labour, and financial inclusion. This will ensure livelihood
of abovementioned sectors.

4. *Reinvigorating Human Capital*

 Here the focus was on strengthening the quality of education schools, universities
and higher education institutes for all classes of the population.

5. *Innovation and R&D*

 This will ensure that the overall research ecosystem of the country is strengthened
with focus on identified national-priority thrust areas.

6. *Minimum Government and Maximum Governance*

 This will increase the buoyancy of tax revenue through improved compliance, and by
increased receipts from monetisation of assets, including Public Sector Enterprises
and land.
2.

The farmers are strike because of following demands which were not fulfilled according to them:

 The major reason being farmers are dead opposed to these new laws that not only omit any
guarantee of MSP but, on the contrary, open the doors to complete takeover by corporate
agribusinesses and big traders.
 They were demanding that the government should declare Minimum Support Prices that are
at least 50% more than what it costs farmers to produce a crop
 The farmers are also demanding that with over 50% of farmers in debt, the government
should waive all debt.

Based on the farmers demand they want that if the Act be continued there will be major player
taking over the market and hence they will suffer losses in future. On the other hand government is
facing huge losses by providing MSPs. Hence there should a solution midway to be provided where it
has to be ensured and regulated the selling of products be at fair price.