The scheme aims at mitigating the economic distress being faced by about 45 lakh MSMEs by providing them additional funding of up to Rs 3
Category: MSME-Startup
Cash flow problems of MSMEs to keep bank stocks under pressure: Andrew Holland – The Economic Times
Emerging markets will be hit again if there is a second wave of virus’ Once the global markets pick up, then emerging markets exporting countries
Stimulus package lacks major near-term support for economy: Report – The Economic Times
“India’s response to the COVID-19 crisis lacks major or innovative near-term fiscal support, and fails to provide the much-needed impetus to stimulate growth and kick-start
Debt woes derail India’s plan to deliver stronger fiscal support – The Economic Times
The actual fiscal cost of the stimulus released by the FM amounts to just about 1% of GDP. Fitch said last week it saw India’s
Nirmala Sitharaman on AtmaNirbhar package, India’s Covid-19 response
Finance Minister Nirmala Sitharaman says she is open to deficit monetisation, won’t hazard a guess on where growth is headed. Finance Minister Nirmala Sitharaman addresses
Government’s economic package only 1% of GDP, say analysts – Times of India
NEW DELHI: The government has announced a five-part package and has provided details of how it adds up to Rs 20.97 lakh crore and accounts
Are India’s labour laws too restrictive? – The Hindu
For employers, availability of skilled workforce and worker-management ties are more vital Some State governments including Uttar Pradesh (U.P.) and Madhya Pradesh (M.P.) have proposed ordinances to exempt manufacturing
Flawed stimulus is justice denied – The Hindu
The government should ensure that matters of lives and livelihoods are not pitted against each other The COVID-19 pandemic and the prolonged national lockdown have
‘Atmanirbhar Bharat’ does not adequately address the deep crisis at hand – The Hindu BusinessLine
The package, by relying overwhelmingly on credit infusion to boost the economy, has failed to recognise that investment will pick up only when people across
Banks are now expected to bear the bulk of the stimulus cost – The Hindu BusinessLine
The suspension of fresh insolvency proceedings for a period of one year under IBC comes as a breather for MSMEs, but could lead to steep
Gold loans, a panacea for the financing needs of MSMEs – The Hindu BusinessLine
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
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
