of the total workforce) and the digital economy is close to five times more productive than the remainder of the economy.
It has been estimated that the digital economy will reach 20 percent of the GVA by 2029-30, ahead of agriculture and manufacturing.
Smartphone Exports in India to 2025
During April-January, the smartphone exports of India had jumped up to Rs 1.55 trillion.
Such exports beautifies Rs 1.31 trillion in FY24.
The month of January (2025) down to Rs 250 billion worth of exports recorded the highest ever monthly exports.
It was registering a 140 per cent growth comparing to January 2024.
Vendors of Apple which includes over 70 per cent in exports of Apple have iPhone vendors and Foxconn Tamil Nadu facility contributed approximately half.
The exports by Foxconn increased by 43 per cent relative to the former fiscal year.
Pegatron is another company found in Tamil Nadu that made 12 per cent.
Samsung added about 20 per cent of the gross smartphone export.
Trade between India and Qatar a 2030
India and Qatar have resolved to elevate their bilateral ties to the position of a strategic partnership, where the ties are to be enhanced particularly in trade, investment, as well as energy.
The two countries are targeting to increase bilateral trade by two folds to reach level of $28 billion in the next five years with the present level at $14.08 billion.
Qatar Investment Authority (QIA) has already made $ 1.5 bn worth of investments in India
MSMEs MCGS
The Centre introduced the scheme of the ‘Mutual Credit Guarantee Scheme to small and medium enterprises (MSMEs)’.
The Union Budget 2025-26 announced that it would boost the micro, small and medium enterprises.
The scheme enables collateral free advances to MSMEs through loans that would be availed at up to Rs 100 crores to buy plant and machinery or equipments.
This scheme would cover 60 per cent guarantee cover by the National Credit Guarantee Trustee Company Ltd (NCGTC) against the member lending institutions (MLIs) of a credit facility up to Rs 100 crores.
CG Scheme on e-NWRs
Centre introduced Credit Guarantee Scheme of e-NWR on the basis of Pledge financing (CGS-NPF).
This scheme gives a 1,000-crore corpus of post-harvest finance availed by farmers against the electronic negotiable warehouse receipts (e-NWRs).
Farmers will access loans even after depositing commodities in warehouses which have been accredited by Warehousing Development and Regulatory Authority (WDRA).