In the current risk-averse credit environment, MSMEs need alternative sources of raising finance to continue as going concerns. Their best bet may be to consider
Category: MSME-Startup
How to achieve self-reliance in the capital goods sector – The Hindu BusinessLine
To reduce import dependency for critical products and promote local manufacturing, it’s time for a new captial goods policy with a focus on R&D, financial
Insolvency suspension necessary during Covid-19 times: IBBI Chief M S Sahoo – The Hindu BusinessLine
Says there aren’t enough ‘white knights’ to rescue firms in distress In conversation with BusinessLine, IBBI Chief M S Sahoo shares his views on the latest announcement
Credit line for street vendors may’ve few takers; half of 10 mn not covered | Business Standard News
A majority of street vendors, due to closure of their business, do not have the liquidity to pay back a loan. Based on data from
I’ve to be careful, am answerable to Parliament: FM Nirmala Sitharaman | Business Standard News
Nirmala Sitharaman tells Indivjal Dhasmana & Nivedita Mookerji that the government has made sure that mistakes committed during 2008-2013 are not repeated while announcing the
Door open for stimulus 6.0; govt with industry: FM Nirmala Sitharaman | Business Standard News
Calling her stint as FM during the pandemic “the most challenging assignment yet”, Sitharaman said she was not upset with the criticism that the recent
Demand for GST waiver a bad idea, say govt officials – The Financial Express
Furthermore, keeping GST in abeyance would allow imports to gain an unfair advantage over domestically manufactured goods, they felt. They officials were responding to the
Left high and dry, poultry sector seeks loan recast, interest relief – The Financial Express
Sales of poultry meat have come down to just a tiny fraction of the normal in the wake of Covid-19. The continuous losses by the
Out of the Covid-19 disaster comes privatisation, and other reforms – The Economic Times
Modi government’s dramatic embrace of privatisation is unambiguous and stunning. Ambiguity may be politically convenient, but Modi needs to be clear that self-sufficiency — trying
Lessons of 2008-13 guided coronavirus stimulus: Nirmala Sitharaman – The Economic Times
FM says she kept lessons of the 2008-13 period in mind when designing the Covid stimulus. The finance minister also said the government wants to
Public sector assets must be monetised to fund physical, social infrastructure | The Indian Express
The corona crisis has highlighted the criticality of social infrastructure. India must monetise existing assets in the public sector to fund growth-enhancing investments in physical
MSMEs seek clarity on salary payments, details of package | Business News,The Indian Express
About 63 per cent of the pending dues for MSMEs are from the state governments and their undertakings. AIMO said the states have often cited
The government slipped in not focusing on demand – analysis – Hindustan Times
Direct income support, monitored to prevent leakages and misappropriation, remains the ideal way out Avishkar Singhvi All incentives must be employment- and fixed-cost-oriented. Millions of
Govt to further revise criteria for classifying ‘medium’ enterprises under MSME definition: Gadkari | Deccan Herald
Days after changing the definition of MSMEs, the government has decided to further revise the criteria for medium units by enhancing the investment and turnover
What India needs right now is a programme to help the destitute | Business Standard Column
The need of the hour is a rehabilitation programme for those trapped in destitution or near-bankruptcy by the lockdown The current Covid epidemic has been
MSME: Retailers seek MSME tag to get some Govt support – The Economic Times
MSME borrowers with up to Rs 25 crore outstanding and Rs 100 crore turnovers will be eligible for the emergency credit line to their businesses
Govt thinks it knows better than any economist in the world: P Chidambaram – The Economic Times
I have not come across one economist who says liquidity acts on the demand side.’ Lower middle class families have started to borrow. Now families
RBI moratorium extension news: RBI should allow one-time loan restructuring instead of moratorium extension: Amitabh Chaudhry – The Economic Times
‘The survival and recovery phase will definitely take a lot time’ No one wants to not lend. Ultimately we are in the business of collecting
India’s ‘mammoth’ COVID-19 package much smaller than it seems, says Fitch Solutions – The Economic Times
The rating agency said a seeming reluctance for fiscal expansion by the central government amid the COVID-19 crisis in India also poses a significant downside
You cannot allow rating agencies to decide policy: P Chidambaram – The Economic Times
‘If need be, monetise part of the fiscal deficit, print money. There is a sovereign right’ You dug a hole, you are digging a deeper
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