There are two points of interest in this package – the form it will take, and hence, how it will be distributed over different constituents
Category: EXIM
PM Modi announces Rs 20 trillion stimulus package to jump-start economy | Business Standard News
In his fifth address since the Covid-19 outbreak, Prime Minister Narendra Modi on Tuesday evening announced a much-awaited Rs 20-trillion stimulus package while giving away that the nationwide lockdown would be
Welcome stimulus, promise of reform–Economic Times
It is welcome that the prime minister has announced a stimulus package amounting to Rs 20 lakh crore, equivalent to 10% of GDP. While he
Government set to guarantee up to Rs 3 lakh crore loans to MSMEs – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/india-business/government-set-to-guarantee-up-to-rs-3-lakh-crore-loans-to-msmes/articleshow/75706083.cms NEW DELHI: The government’s much-awaited stimulus for micro, small and medium-sized businesses is expected to include a provision for additional loans of up
india exports: Rotten pomegranates, unsold garments mark the ‘worst time’ for Indian exports – The Economic Times
Labour and logistics’ issues are making it overwhelmingly difficult for export operations to resume from the country. The steep rise in logistic costs has only
C Raja Mohan writes: Trade politics in the US have evolved significantly in recent years.
Significant political contestations within the US and between the US and China to reform, reorient or bypass the WTO system are at hand. All major
Paul Krugman says the liquidity trap has spread to emerging markets | Business News,The Indian Express
The so-called liquidity trap, when monetary policy loses its traction as interest rates get close to zero, has plagued rich countries for years. Nobel-Prize winning
US economy to bounce back soon, says Treasury Secretary – The Economic Times
America’s economy, hit hard by the coronavirus pandemic, is likely to bounce back in the third and fourth quarter and is going to have a
Centre’s financial stimulus not sufficient; fiscal deficit may jump to 14%: Former RBI Governor Subbarao – The Economic Times
Govt’s Covid check wasn’t enough when it was announced. It looks even less now, Duvvuri Subbarao said. Subbarao said it is quite clear that the
Nitin gadkari: MSME sector on verge of collapse: Gadkari – The Economic Times
The minister said the position of MSMEs was “worst” as they were now engaged in a “battle for their survival”. Gadkari said the “rolling fund
SEZ units want customs duty waiver for domestic sale as exports plummet – The Economic Times
At present, SEZs are also not able to sell their products in the domestic market, as payment of customs duty as per Section 30 of
Export sops likely to continue till March 2021 – The Economic Times
The commerce and industry ministry is considering a plan to extend the Merchandise Exports from India Scheme (MEIS) till March 31, 2021. The proposal was
Payment must be made against accepted bill of exchange: Expert | Business Standard News
It is the obligation of the original importer to remit the payment to the foreign supplier The export of components by the Indian party to
DGS has to take a call on waiving detention charges | Business Standard Column
The CBIC has also instructed field formations to make special efforts to dispose of all pending refund and drawback claims through a “special refund and
‘There will be a flight of capital from China post Covid-19 period’: Ram Madhav – business news – Hindustan Times
His comments came in the midst of reports that a sizeable number of global giants including Japanese and American companies are considering to shift their
Creating jobs under govt’s employment scheme just got easier; ‘roadblock’ for SMEs removed – The Financial Express
Skill, Labour, Talent for MSMEs: The government has taken a step to simplify the procedure of clearing the proposals and applications of the prospective entrepreneurs.
Meghnad Desai writes, ‘Disruption of global supply chains during pandemic creates tremendous opportunities to reindustrialise India’
Over the last 70-plus years, India has frittered chances to become a centre of manufacturing on the scale of other Asian countries. Restoration will be
PM Modi finds ways to attract foreign investors to India; suggests ministries to do this – The Financial Express
PM Modi said that the action should be taken for a more proactive approach to handhold the investors. PM Modi discussed strategies to attract more
India’s exports can bounce back on graded lockdown exit, phased resumption of manufacturing activities, says EEPC Chairman – The Hindu BusinessLine
Indian engineering exports can “witness a bounce-back” if a “graded-exit” to the lockdown and a phase-wise resumption of manufacturing activities take place. Quicker resumption of
India maps out post-Covid export plan to take on China – The Economic Times
Medical textiles, electronics, plastics are some sectors whose exports can be promoted in coming months. India will look at areas where it has capability but
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