AGP Executive Report
Last update: 2 hours agoUPI Cost Shock for MSMEs: India’s Lok Sabha passed a bill that could allow Merchant Discount Rate (MDR) charges on UPI payments above ₹2,000, with ASSOCHAM warning it may hit micro, small and medium businesses and slow digital adoption. Jobs & Skills Debate: RSS chief Mohan Bhagwat said India must rethink unemployment beyond salaried work, arguing entrepreneurship and skilled/manual roles deserve dignity and support. Employment Watch: The Philippines’ jobless rate rose to 4.9% in June as job creation lagged, with youth unemployment a key concern. SME Trade Policy: An India-US parliamentary panel urged early conclusion of the bilateral trade agreement, pushing for tariff exemptions on key exports like generic medicines and smartphones. India Post Hits Instagram Sellers: Revised parcel tariffs from Aug 1 are squeezing Instagram-based small sellers by raising shipping costs. Local Business Boost: Navotas (Philippines) launched a music festival plan to spotlight culture and drive opportunities for local micro and small businesses. Clean Energy Push: India’s Cabinet approved the ₹23,731-crore GOBARdhan scheme to scale compressed biogas and support rural livelihoods.
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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