The Centre needs to help States financially so that they can fight the virus better State finances are in a shambles. Every single State’s, without exception,
Day: May 13, 2020
‘Bold, not incremental reforms, will help to boost the productive capacity, productivity of economy,’ says Rajiv Kumar | Business News,The Indian Express
In an interaction with The Indian Express, after the Prime Minister’s speech on Tuesday, NITI Aayog Vice-Chairman Rajiv Kumar said the steps to be announced
Mandating use of Aarogya Setu app illegal, says Justice B N Srikrishna | India News,The Indian Express
Justice Srikrishna said that the guidelines cannot be considered as having sufficient legal backing to make the use of Aarogya Setu mandatory. Former Supreme Court
Lift lockdown to save economy, with localised efforts to contain Covid – The Hindu BusinessLine
States should adopt the best practices of those with low fatality rates, undertake widespread testing and make transparent daily disclosures on infection and fatality rates
MSMEs need immediate relief from banks, govt: CARE report – The Hindu BusinessLine
The micro, small and medium enterprise (MSME) sector needs immediate assistance, including enhancement in working capital limit and the immediate release of tax refunds, otherwise
Bad Bank–Not a good idea | Business Standard Editorials
A bad bank will do nothing to solve the problems A “bad bank” is reportedly being planned to deal with the fallout of the non-performing
Rs 20-trn package need of the hour, will unleash economic growth: India Inc | Business Standard News
Industry bodies said the Make In India flagship will emerge as a key catalyst for attracting new investment, driven by much needed bold reforms in
Markets will cheer Rs 20-trn package, but the devil could be in the detail | Business Standard News
The moot question would be how the Government will fund this package. Ambareesh Baliga, independent market expert (Photo: Kamlesh Pednekar) This is possibly the first
With Rs 20-trn package, govt determined to deliver relief to the needy | Business Standard News
There are two points of interest in this package – the form it will take, and hence, how it will be distributed over different constituents
Rs 20-trillion stimulus: How brokerages have interpreted the measures | Business Standard News
Prime Minister Narendra Modi announced Rs 20-trillion relief package for the Covid-19 impacted Indian economy in a late evening address to the nation. While the
PM Modi announces Rs 20 trillion stimulus package to jump-start economy | Business Standard News
In his fifth address since the Covid-19 outbreak, Prime Minister Narendra Modi on Tuesday evening announced a much-awaited Rs 20-trillion stimulus package while giving away that the nationwide lockdown would be
Welcome stimulus, promise of reform–Economic Times
It is welcome that the prime minister has announced a stimulus package amounting to Rs 20 lakh crore, equivalent to 10% of GDP. While he
Consumer finance firms may axe ‘no-cost EMI’, zero down payment plans – The Economic Times
KOLKATA: Consumer finance companies are tightening terms fearing rising credit risk because of job losses and salary cuts due to the economy stalling in the
Government set to guarantee up to Rs 3 lakh crore loans to MSMEs – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/india-business/government-set-to-guarantee-up-to-rs-3-lakh-crore-loans-to-msmes/articleshow/75706083.cms NEW DELHI: The government’s much-awaited stimulus for micro, small and medium-sized businesses is expected to include a provision for additional loans of up
Credit rating for MSMEs on anvil; govt seeks ideas for setting up this new system – The Financial Express
Credit and Finance for MSMEs: MSME Minister Nitin Gadkari has sought ideas from the industry and small business associations for setting up a system for
Coronavirus: Just change in labour laws or tax rates won’t help – The Financial Express
All the changes were needed, but given frequent U-turns in govt policies, convincing India Inc isn’t going to be easy The fact is, the opportunity
टाळेबंदीचा संभ्रम – महाराष्ट्र टाइम्स
टाळेबंदीचा संभ्रम पाठोपाठच्या तीन टाळेबंदी आणि त्यातून ५४ दिवस देशभरातील व्यवहार बंद ठेवल्यानंतर, या टाळेबंदीने नेमके काय मिळाले, असा प्रश्न उपस्थित झाल्यावाचून राहत नाही. येत्या
IBA submits proposal on ‘bad bank’ to govt, RBI – The Financial Express
The proposed structure of a bad bank is based on the earlier recommendations of a panel headed by former PNB chairman Sunil Mehta, called ‘Sashakt’
Not sure whether India will gain if businesses shift from China due to coronavirus: Nobel laureate Abhijit Banerjee | Deccan Herald
What happens if China depreciates its currency. In that case, Chinese products will be cheaper and people will continue to buy their products”. Nobel laureate
Steel sector needs govt’s handholding to recover from COVID-19 disruptions: Seshagiri Rao | Deccan Herald
The domestic steel sector will take a longer time to recover from COVID-19 disruptions and will need government’s handholding to emerge from this crisis situation,
