Clipped from: https://economictimes.indiatimes.com While the scheme has been broadly referred to as the MSME guarantee scheme, the terms of coverage are quite broad and will include
Category: Economy
RBI’s moves may not really help revive credit – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com However, it is good to see the central bank taking a realistic view of the economy In yet another monetary policy offensive that
‘Material disclosure’ is imperative at this time – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Investors need to be frequently updated on Covid-19’s impact on companies Even as most sections of the economy shut down operations in April
A case for an urban MGNREGA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/a-case-for-an-urban-mgnrega/article31680518.ece The urban poor have been hit harder than their rural counterparts by Covid, but policy attention is missing The case for an urban
An economic mess is staring in the face – The Financial Express
Clipped from: https://www.financialexpress.com Deeper contraction in output and sustained inflationary pressures could be policymakers’ nightmare It is now apparent that India’s economic fate is synchronised with
Major industries, govt agencies owe about Rs 5 lakh crore in outstanding dues to MSMEs: Nitin Gadkari – The Economic Times
Clipped from: https://economictimes.indiatimes.com “State governments, their ministries and public sector undertakings, Government of India, its ministries and undertakings, and major industries combined owe an estimated Rs
Banks may need capital for provisions – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ Bankers say that the RBI may have to tweak rules that demand provisioning if the existing promoters are retained after a loan restructuring.
No case to stop voluntary insolvency–Economic Times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/no-case-to-stop-voluntary-insolvency/ The move to hold the Insolvency and Bankruptcy Code (IBC) in abeyance for one year on account of Covid-19 has an unintended consequence.
Stimulus calls for a bond–market–Economic Times
Clipped from: https://economictimes.indiatimes.com The Centre needs to provide focused policy attention for an active and vibrant corporate bond market, so as to raise long-term funds for
US heading for 2nd largest bankruptcies: Edward Altman – The Economic Times
Clipped from: https://economictimes.indiatimes.com ‘Certain industries will never recover everything’ There is no question that the global economy is now in a financial crisis, perhaps unprecedented in its type and
RBI extends EMI moratorium for another three months on term loans. Here’s what it means for borrowers – The Economic Times
Clipped from: https://economictimes.indiatimes.com The earlier deadline of three-month EMI moratorium was ending at May 31, 2020. The Reserve Bank of India (RBI) announced an extension of the moratorium
20 million back in the job in May as lockdown eases – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ According to CMIE, increasing labour participation rate (LPR) week after week in May, touching 38.8% for the week ended May 17, shows that
India facing its worst recession in current fiscal, says Crisil – The Economic Times
Clipped from: https://economictimes.indiatimes.com In the past 69 years, India has seen a recession only thrice, in fiscals 1958, 1966 and 1980. NEW DELHI: India’s fourth recession since independence,
Consumer companies seek GST cut to help push sales – The Economic Times
Clipped from: https://economictimes.indiatimes.com The GST Council, which is expected to meet next month, had slashed tax rates on 200 products including chocolates, toothpastes, shampoos, washing
Export units may tap credit facility offered to MSMEs – business news – Hindustan Times
Clipped from: https://www.hindustantimes.com The emergency credit facility was announced by finance minister Nirmala Sitharaman on May 13 as a part of the first tranche of the
Centre’s Covid response ticks all boxes – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com The stimulus package addresses demand and supply issues, while boosting production to help India be part of global supply chains Cutting one’s coat
Already in debt, Delhi street vendors say they want relief, not more loans | Business Standard News
Clipped from: https://www.business-standard.com/ Because of lockdown, most street vendors were not able to earn anything and had to borrow money for survival. Not many will be
80% MSMEs in Sonipat hub await their turn to open | Business Standard News
Clipped from: https://www.business-standard.com The first of a five-part series captures the restlessness of workers in Haryana’s industrial clusters struggling to restart operations Before the lockdown, workers
Major industries, govt agencies owe about Rs 5 lakh cr in outstanding dues to MSMEs: Nitin Gadkari – The Financial Express
Clipped from: https://www.financialexpress.com/ The MSME minister said the Centre has decided that its ministries and public sector undertakings will clear outstanding payments of MSMEs within 45
MSME definition to be widened further, here’s what Centre planning – The Financial Express
Clipped from: https://www.financialexpress.com/ Days after announcing a new set of criteria to define micro, small and medium enterprises (MSMEs) on which various official benefits will be
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