AGP Executive Report
Last update: 9 hours agoUPI Charges Debate (India): India’s Lok Sabha passed a Bill that could allow merchant discount rates (MDR) on UPI, but the Payments Council of India says UPI stays free for consumers and small merchants (kirana stores included), with any MDR aimed at merchants to help fund infrastructure and security. SME Trade Access (India): Commerce Minister Piyush Goyal said India amended FDI rules to boost large-scale e-commerce for handlooms, handicrafts, textiles, footwear and food, opening wider markets for small businesses, artisans, farmers and fishermen. MSME Industrial Parks (AP, India): Andhra Pradesh MSMEs welcomed the proposed “Associations-Led Industrial Parks” model, asking for bigger land allotments (100–500 acres) and faster execution of MoUs. SME Jobs & AI (India): A Nomura report says AI is creating more jobs than it cuts in India, adding 83,100 AI-related jobs versus 31,921 lost. Regional Industry Cooperation (BRICS): BRICS industry ministers in Jaipur adopted a joint declaration focused on practical industrial cooperation, digital transformation and MSME trade support, including ideas like trade receivables discounting. SME Credit (India): SBI chief CS Setty played down sequential asset-quality stress, pointing to seasonality while highlighting continued credit focus. SME Export Push (Sri Lanka): EDB, IFC and the EU launched an ExpoScaleUp cohort to strengthen Sri Lanka’s SME export competitiveness.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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