Clipped from: https://www.business-standard.com UP, Gujarat govts are seeking to suspend major labour laws via this route; ministry firming up its response Both the state governments have
Month: May 2020
What steps did the govt take to prevent MSMEs from defaulting on loans? | Business Standard News
Clipped from: https://www.business-standard.com/ Two important steps have been taken in this regard by the govt The Insolvency and Bankruptcy Code is entering a period of suspension
Between a stimulus package and a hard place | Business Standard Column
Clipped from: https://www.business-standard.com So, while we have achieved some success on the health front, are the steps taken to revive the economy adequate? As we hunker
GST Council to mull market borrowings to bridge shortfall in compensation cess collection – The Financial Express
Clipped from: https://www.financialexpress.com/ Apart from the Centre and states which have raised their market borrowing plan for the current fiscal year amid a big revenue shortfall,
Debt to GDP ratio to rise in this fiscal, says Finance Commission chairman – The Financial Express
Clipped from: https://www.financialexpress.com/economy/ Additional expenditures to tackle Covid-19 pandemic and reduction in economic activity will push up the general government debt to GDP ratio in FY21.
MSMEs pin hopes on release of payments by govt – The Financial Express
Clipped from: https://www.financialexpress.com More than availing of the benefit of new credit lines and loan-related schemes announced by the government, nearly 63.3 million micro, small and
Banks approach MCA to expedite nod for 40 resolved IBC cases – The Economic Times
Clipped from: https://economictimes.indiatimes.com With prospects of almost zero recovery over the next few months, banks are worried that buyers may call off deals or reduce valuations
Street vendor loans may come with subvention – The Economic Times
Clipped from: https://economictimes.indiatimes.com The government is considering a 5-7% interest subvention on loans to street vendors to make the targeted ₹5,000-crore financial assistance scheme popular amid
Banks let 124 companies slip into liquidation despite resolution plans – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ “The code envisages maximisation of value and not price,” wrote Dr M.S.Sahoo, chairman, IBBI, in the latest newsletter released by the bankruptcy regulator.
Alibaba.com hosts online summit to help Indian MSMEs navigate post Covid-19 world – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ Insights from Alibaba.com showcase that 65% of Indian sellers on the platform have no exporting experience while 32% of incoming sellers have no
A lot on the state government’s plate
Clipped from: https://economictimes.indiatimes.com/ Opening up after nearly two months of lockdown does not mean throwing caution to the winds. Rather, it means taking measures that build
No restrictions on utilisation of additional borrowing by states: FinMin official – The Economic Times
Clipped from: https://economictimes.indiatimes.com It is to be noted that the basic limit of 3 per cent remains unconditional, while only additional one per cent out of
Migrant workers turn towards banking for employment – The Economic Times
Clipped from: https://economictimes.indiatimes.com Financial institutions dominant in the villages have seen queries for opening banking kiosks surge fivefold since the lockdown began. Industry players attributed the
Raghuram Rajan says migrant workers need money for vegetables, cooking oil, shelter; foodgrains not enough – The Economic Times
Clipped from: https://economictimes.indiatimes.com India’s stimulus is inadequate in providing recovery of an economy pummelled by COVID-19, Rajan said. New Delhi: Calling India’s Rs 20.9 lakh crore
A fuller support | The Indian Express
Clipped from: https://indianexpress.com Government’s conservative approach towards addressing economic shock will need to be reexamined The government’s conservative approach seems to be driven by several factors.
Sebi revises post-default curing period for credit rating agencies | Business News,The Indian Express
Clipped from: https://indianexpress.com There is a post-default curing period of 90 days for the rating to move from default to speculative grade and generally 365 days
Dear intellectuals, migrant workers will come back. Here are the five reasons–The Print
Clipped from: https://theprint.in/ Industrialisation is key because agriculture remains highly unproductive with 43.2 per cent share of total employment but contributes only 14.6 per cent to
Rs 50 crore investment criterion should define MSMEs for export sector: AEPC – The Financial Express
Clipped from: https://www.financialexpress.com The Apparel Export Promotion Council (AEPC) on Thursday urged the government to keep only the investment criterion of Rs 50 crore irrespective of
या आजाराचे काय? – महाराष्ट्र टाइम्स
Clipped from: https://maharashtratimes.com/editorial करोनाच्या विरोधातील लढा सुरू झाल्यानंतर, सार्वजनिक आरोग्य व्यवस्थेतील कर्मचारी आणि डॉक्टर हेच आघाडीवर असल्याचे स्पष्ट झाले… या आजाराचे काय? करोनाच्या विरोधातील लढा सुरू
An economic package that misses the point | Deccan Herald
Clipped from: https://www.deccanherald.com Neither does the math work out nor do the announced measures handhold the most battered sectors The hoteliers are upset, airline industry executives
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