MSMEs

State Innovation Mission (SIM) Explained: Strategy for Grassroots Innovation

The State Innovation Mission launched in Tripura is a decentralized innovation at the district level, extending the Atal Innovation Mission. It promotes grassroots ideas, MSMEs, and startups, advancing cooperative federalism and improving India’s Global Innovation Index standing despite funding and skill challenges.

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Safeguarding India’s cotton and textile industry during Bangladesh – US trade deal

Emerging global trade arrangements and preferential market access for competing countries pose new challenges to India’s cotton and textile sector through tariff disadvantages and potential trade diversion. To remain competitive, India must strengthen trade engagement with key markets, reduce production and logistics costs, expand man-made fibre and technical textile capacity, promote sustainable and traceable cotton, and diversify export destinations. A coordinated push toward scale, value addition, and policy support will be essential to build a resilient, future-ready textile ecosystem and sustain India’s position in global supply chains.

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QUAITY CONTROL ORDERS & THEIR UNINTENDED CONSEQUENCES FOR INDIAN TRADE

Quality Control Orders (QCOs) in India, intended to improve product quality, have largely targeted raw materials and intermediate goods rather than finished products. This has increased input costs, disrupted supply chains, and reduced trade competitiveness, particularly affecting MSMEs. Imports of critical inputs have fallen, exports have seen short-term gains but long-term decline, and domestic suppliers have gained market concentration advantages. Aligning QCOs with global standards, focusing on finished goods, strengthening testing infrastructure, and supporting MSMEs are key steps to mitigate these challenges.

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U.S. TARIFFS IMPACT WOMEN IN LABOUR-INTENSIVE SECTORS

The US tariffs on Indian goods are causing a decline in export orders, particularly in labour-intensive sectors like textiles, apparel, and handicrafts. This threatens the livelihoods of millions of women, especially in the informal sector, who lack social security. To counter this, India's government is focusing on market diversification, FTAs, and strengthening domestic manufacturing.

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