In the middle of the COVID-19 pandemic and a country-wide lockdown came an announcement that was difficult to believe. The press release said the National Biofuel Coordination Committee
Category: Economy
Covid & MSME | The Indian Express
On Monday, the Nikkei India Purchasing Managers Index survey revealed that the manufacturing PMI fell to a record low of 27.4 in April, down from
One in 4 employed lost job across India in March-April: CMIE – Times of India
NEW DELHI: A jobs crisis is staring the country in the face as several crucial sectors of the economy have been severely impacted by the
A series of medium-sized packages, calibrated approach needed to revive the economy: Sanjeev Sanyal – The Hindu BusinessLine
State govts should play critical role in global supply chain, he says The Centre is aware of the economic disruptions that happened due to coronavirus
Govt to support MSMEs making ‘import substitute’ products; mulls policy for replacing foreign goods – The Financial Express
Trade, import and export for MSMEs: MSME Minister Nitin Gadkari in multiple webinars during the lockdown period had urged the businesses to take advantage of
Sidbi: Sidbi working towards e-enabling MSME businesses to deal with post Covid challenges – The Economic Times
Following these challenging times, CAIT has urged the government to award a substantial package to traders to ensure their survival. COVID-19 has caused a huge
Retail sector loss reaches Rs 5.50 lakh cr in lockdown: CAIT – The Economic Times
Following these challenging times, CAIT has urged the government to award a substantial package to traders to ensure their survival. COVID-19 has caused a huge
From capital to labour to credit, small firms on the brink, have emergency wishlist for govt | Business News,The Indian Express
REVENUE, labour, capital, access to raw materials, overheads, and demand — the question mark over each is getting bigger by the day as the lockdown
India offers land twice Luxembourg’s size to firms leaving China – Times of India
NEW DELHI: India is developing a land pool nearly double the size of Luxembourg to lure businesses moving out of China, according to people with
What liquor sales revenues mean for states – The Hindu BusinessLine
Excise duty on alcohol is the third-largest source of a state’s own tax revenues, with an estimated contribution of 12.5 per cent in 2019-20. As
‘On ventilator mode’: 20 per cent of traders may shut shop permanently, warns CAIT – The Hindu BusinessLine
The government has offered traders absolutely nothing, says CAIT’s Praveen Khandelwal The Confederation of All India Traders ( CAIT), on Tuesday, said that nearly 20
MSMEs in essential operations are locked out; implementation paralysis hurting small businesses – The Financial Express
Ease of Doing Business for MSMEs: Even though clear guidelines have been issued permitting interstate trucking operations, significant concerns are being faced by stakeholders while
122 million people lost their jobs in India during COVID-19 lockdown: CMIE | Deccan Herald
By Anirban Nag The world’s biggest lockdown forced 122 million people out of jobs in India last month, according to estimates from a leading private-sector
View: Go for nuanced tweaking of taxes, not outright tax holiday – The Economic Times
With jobs and incomes dwindling, the demand for tax relief acquires a new urgency. It’s now back to a slow and painful grind to make
Travel industry seeks tax breaks, incentives to survive. Can India save 40 million jobs? – ET Prime
Manoj Khanna began his travel company, Khanna Travels and Holidays, over a decade ago in Navi Mumbai. From a single-man operation, it has grown to
MSME loans worth Rs 2,32,000 crore at risk of defaulting: Cibil | Business News,The Indian Express
The NPA rate for MSMEs has increased continuously over last few years to reach 12.6 per cent as of December 2019, Cibil said in a
From capital to labour to credit, small firms on the brink, have emergency wishlist for govt | Business News,The Indian Express
Given that this sector is responsible for an estimated 11 crore jobs and accounts for 30 per cent of the GDP, and a prolonged crisis
Surat diamond industry sitting on $2.3 billion inventory faces trouble due to lockdown | Deccan Herald
Clipped from: https://www.deccanherald.com/business/business-news/surat-diamond-industry-sitting-on-23-billion-inventory-faces-trouble-due-to-lockdown-833567.html In the month of January and February this year, Surat’s famed diamond industry witnessed a drop of export worth almost $1 billion, compared
25% MSMEs restart operations in Karnataka on first day of lockdown relaxation | Deccan Herald
With over 7.85 lakh registered MSMEs having more than Rs 83,000 crore investment, Karnataka has a large base of enterprises Representative image (iStock photo) With
Lockdown shock: Residential, commercial consumers suffer high electricity bills in Delhi – The Hindu BusinessLine
Consumers complain of bills not reflecting actual consumption; small businesses hit Twesh Mishra New Delhi, May 2 Commercial and residential consumers are complaining of high
