Pulapre Balakrishnan As economic policy in India following the onset of Covid-19 must address both the relief made necessary by the lockdown and restoration of
Category: Economy
Banks start offering loan moratorium to NBFC-MFIs – The Financial Express
Some private sector and foreign banks have begun offering the loan moratorium to their microfinance institution (MFI) borrowers, even as confusion prevails over whether the
Selective opening not enough | Business Standard Editorials
After extending the nationwide lockdown till May 3, the Union government on Wednesday issued detailed guidelines on activities that will be allowed from April 20 and the
Hungry for more | Business Standard Editorials
Dwindling supplies of processed and convenience foods at a time when their demand has surged in the wake of the extended national lockdown is a worrisome issue
Banks start offering loan moratorium to NBFC-MFIs – The Financial Express
Industry executives said that each bank is following its own strategy when it comes to offering the moratorium to MFIs. Some private sector and foreign
An unhealthy call by President Trump–Economic Times
President Donald Trump’s decision to suspend US’ contribution, roughly between $400 million and $500 million, to the World Health Organisation (WHO) could not have been
India GDP projections by World Bank, IMF too optimistic: Ex-CEA Subramanian – The Economic Times
NEW DELHI: Former chief economic adviser Arvind Subramanian on Wednesday said the GDP numbers being projected by the World Bank and IMF for India are far “too optimistic” and the country would require
Expect stimulus package for industries which will not open on Apr 20: Rajiv Kumar – The Economic Times
Agriculture not going to be impacted badly by lockdown: Niti Aayog VC Rajiv Kumar Even though the prime minister has extended the lockdown by about 19 more
Up from 6 lakh accounts so far, govt aims at restructuring this many additional MSME loans soon – The Financial Express
Ease of Doing Business for MSMEs: MSME minister Nitin Gadkari has urged micro, small and medium enterprises to consider the current crisis as an opportunity instead
Indian begins export of major farm items amid COVID-19 lockdown: Government – The Economic Times
NEW DELHI: India has started export of major farm products such as rice, meat, dairy and processed food items after the government stepped in to resolve the issues related to transportation
Growth may slip into negative in Q1: Rangarajan on lockdown – The Economic Times
Hyderabad: Predicting that the growth rate in the first quarter of the current fiscal may slip into negative, former RBI governor C Rangarajan on Wednesday expressed the view that
Government to soon clear Rs 10,000 crore ‘Fund of Funds’ for MSMEs with high credit rating: Nitin Gadkari – The Economic Times
NEW DELHI: A Rs 10,000 crore “Fund of Funds” will soon be approved by the government to buy up to 15 per cent equity in MSMEs with
covid-19: Faircent launches ‘Anti Lockdown Loans’ to help ease liquidity pressure amid Covid-19 – The Economic Times
NBFC-P2P lender, Faircent.com, on Wednesday announced the launch of a new loan offering “Anti-Lockdown Loans” to help credit-worthy businesses and individuals access credit to meet their
Labour ministry sets up 20 control rooms under CLS to address wage related grievances – The Economic Times
Labour ministry has set up 20 control rooms under the chief labour commissioner (CLC) across India to address wage related grievances of workers employed in central sphere besides
FIEO: MSME exporters have no liquidity to pay wages for April: FIEO – The Economic Times
NEW DELHI: Apex exporters body FIEO on Tuesday said the micro, small and medium enterprises (MSME) do not have adequate liquidity to pay wages to their employees
Coronavirus impact on economy and market: It’ll take India 9 months to come out of virus crisis: Deepak Parekh – The Economic Times
It’ll take India 9 months to come out of virus crisis: Deepak Parekh He said that even as equity markets were badly hit, they will
Difficult to ease the lockdown through a phased exit plan: India Inc – The Economic Times
Mumbai | Kolkata: The government’s plan to ease the lockdown through a phased exit plan is fraught with challenges and difficult to implement, senior executives
real estate prices: Real estate prices may crash up to 20% post Covid-19: Deepak Parekh – The Economic Times
Parekh said Indian real estate market was already going through prolonged pain for various reasons such as economic stress in certain segments, high leverage, tight
P2P lending may solve India’s problem of financial inclusion but success depends on these key areas – The Financial Express
By Bharat Dureja Credit and Finance for MSMEs: The World Bank defines financial inclusion as making financial services and products such as banking services, insurance, investment
Reduce cost of state borrowing–Economic Times
States need extra funds to tackle the Covid-19 pandemic but their borrowing costs have risen steeply. Nineteen states raised only Rs 32,560 crore against a
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