Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-eclgs-how-modi-govts-rs-3-lakh-crore-credit-scheme-put-covid-hit-msmes-back-on-recovery-track/2237449/ Credit and Finance for MSMEs: In March 2021, the government had announced ECLGS 3.0 to cover enterprises in hospitality, travel & tourism, leisure
Category: Economy
Commercial vehicles can be scrapped even before 15 years: Road Ministry’s draft – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/commercial-vehicles-can-be-scrapped-even-before-15-years-road-ministrys-draft/article34349212.ece This will be determined based on automated testing of the vehicle Automated testing of a vehicle and its results will define whether a
Hotels across segments to take over 2 years to recover from pandemic: Study | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/hotels-across-segments-to-take-over-2-years-to-recover-from-pandemic-study-121041800585_1.html Consulting firm Hotelivate expects daily rates and occupancy to remain depressed Photo: Shutterstock The operational performance of hotels in India across the categories including luxury,
Managing suppressed G-Sec yields – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/managing-suppressed-g-sec-yields/2235727/ RBI must juggle its multiple hats well to manage positive and negative pay-offs dexterously This is a good time for RBI to relook
SMEs: PCs have never been more essential for SMBs: HP India’s Sanjeev Pathak – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/pcs-have-never-been-more-essential-for-smbs-hp-indias-sanjeev-pathak/articleshow/82138072.cmsSynopsis Small businesses in India have understood the nuances of remote working and technology, with many believing tech ill help them bounce back. The
Manmohan Singh offers five-point guide to help Modi deal with the pandemic – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/manmohan-singh-offers-5-point-guide-to-help-modi-deal-with-the-pandmic/articleshow/82128926.cmsSynopsis “The central government could retain 10% for distribution based on emergency needs, but other than that, the states should have a clear signal
Rising Covid-19 cases may delay the recovery in new leasing activity: ICRA – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/rising-covid-19-cases-may-delay-the-recovery-in-new-leasing-activity-icra/articleshow/82145079.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The share of employees continuing to work-from-home may remain elevated in the near term, owing to the health risks. Without immediate visibility on
India should look at rural economy as source of production: Zoho’s Sridhar Vembu – The Economic Times–*****
Clipped from: https://economictimes.indiatimes.com/tech/tech-bytes/india-should-look-at-rural-economy-as-source-of-production-zohos-sridhar-vembu/articleshow/82130561.cmsSynopsis India needs to look at the rural economy as a source of production and wealth creation rather than just a source of demand
local medtech manufacturing – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/pulse/a-scheme-to-boost-local-medtech-manufacturing/article34350307.ece The scheme to boost local medtech manufacturing is timely, especially given the raging pandemic. But regulatory clarity is vital ‘Make in India for
Need to prepare for greater economic uncertainty due to COVID-19 second wave: NITI Aayog VC
Clipped from: https://www.businesstoday.in/current/economy-politics/need-to-prepare-for-greater-economic-uncertainty-due-to-covid-19-second-wave-niti-aayog-vc/story/436940.html While acknowledging that the present situation has become far more difficult than it was in the past due to rising coronavirus infections, Mr
Centre identifies 9,732 compliances to be tweaked or erased, states too likely to scrap archaic laws – The Economic Times–*****
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/by-i-day-bottlenecks-may-clear-to-ease-biz-compliances/articleshow/82121706.cmsSynopsis The deadline is critical as India is set to celebrate its 75th Independence Day this year with a likely focus on “ease of
Start-up funding touches new high in 2021 – The Financial Express–*****
Clipped from: https://www.financialexpress.com/industry/sme/start-up-funding-touches-new-high-in-2021/2235563/ Besides large venture capital funds like Prosus Ventures, Tiger Global and SoftBank that have made big bets on a bunch of local start-ups,
Export hubs urge migrant workers not to leave – The Financial Express–*****
Clipped from: https://www.financialexpress.com/economy/export-hubs-urge-migrant-workers-not-to-leave/2235571/ Large-scale migration following a pan-India lockdown in March last year had not just wrought havoc on the workers themselves but also crippled the
Salaried jobs lost: 10 million & counting – The Financial Express
Clipped from: https://www.financialexpress.com/economy/salaried-jobs-lost-10-million-counting/2235600/ Vyas estimates that overall there has been a 20% loss of household income saying it’s unlikely there would have been any improvement in
‘Any disruption in MSMEs’ sales amid second Covid wave to be detrimental to their survival this time’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-any-disruption-in-msmes-sales-amid-second-covid-wave-to-be-detrimental-to-their-survival-this-time/2235443/ Ease of Doing Business for MSMEs: E-commerce platforms had matched and surpassed their pre-COVID sales as far back as August last year. To
Cheque bouncing up in April during second wave of Covid-19: HDFC Bank | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/cheque-bouncing-up-in-april-during-second-wave-of-covid-19-hdfc-bank-121041800413_1.html Ehile cheque returns in April have risen slightly, it this does not necessarily point to a trend, say bank officials Photo: Shutterstock The
A hale and hearty banking sector but… | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-hale-and-hearty-banking-sector-but-121041800839_1.html More than banks, most of which have the balance sheet strength to stomach bad loans, it is the borrowers who will suffer once
Pandemic takes the glitz out of luxury hotels as business traveling is crippled – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/pandemic-takes-the-glitz-out-of-luxury-hotels-as-business-traveling-is-crippled/articleshow/82125011.cms Synopsis–New projects around the country will reduce the dependence on big city hotels to about 59% by FY25-26. Five years ago, the number
DPIIT notifies PLI scheme for ACs, LED lights; mere assembly of finished goods not to be incentivised – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/dpiit-notifies-pli-scheme-for-acs-led-lights-mere-assembly-of-finished-goods-not-to-be-incentivised/articleshow/82114195.cmsSynopsis Earlier this month, the government approved a production linked incentive (PLI) scheme for white goods – Air Conditioners (ACs) and LED Lights –
Energising solar module manufacture – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/energising-solar-module-manufacture/article34337665.ece?homepage=true The recently announced PLI scheme for this sector must be dovetailed with the host of other incentives, especially for MSMEs As part of
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