CRISIL, SIDBI Launch Indias First MSE Sentiment Index
Posted on:04 Feb 2018 09:00:01
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04 February 2018 Current Affairs: The Union Minister for Finance and Corporate Affairs Mr. Arun Jaitley launched CriSidEx, India’s first sentiment index for micro and small enterprises ( MSEs) developed jointly by CRISIL & SIDBI.
CriSidEx is a composite index based on a diffusion index of 8 parameters and measures MSE business sentiment on a scale of 0 (extremely negative ) to 200 ( extremely positive).
CriSidEx will have 2 indices, one for the ‘survey quarter’ and another for the ‘next quarter’ once a trend emerges after few rounds of the survey, providing independent time series data.
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