While the provision of credit might suffice to help larger industry tide over the grim period of zero revenue during the lockdown, micro, small and
Category: MSME-Startup
MSMEs still wary of fresh loans – The Economic Times
Micro, small and medium enterprises (MSMEs) expected a direct relief from the government in terms of waiving of electricity bills, payment of salaries, among others
Transporters demand relief package;warn supply of goods, essentials will be hit – The Economic Times
The coronavirus turmoil and the nationwide lockdown have taken the road transport ecosystem to dreadful levels, AIMTC said pointing out that about 30 per cent
Lenders see a payment recover as economy restarts – The Economic Times
Summary Small entrepenuers who had earlier opted for a moratorium on repayments are now paying a portion of their dues as the cash flow begins to
India Covid economic package: Cash-strapped India’s economic plan unlikely to soften coronavirus blow – The Economic Times
A breakdown of the plan shows that the actual spending of the government is only about a tenth of the package. A breakdown of the
IMF chief Kristalina Georgieva warns full global economic recovery unlikely in 2021 – The Economic Times
IMF Managing Director Kristalina Georgieva said data from around the world was worse than expected. Georgieva warned against retreating into protectionism as a result of
Where the relief and stimulus package falls short – editorials – Hindustan Times
It will not help individuals and businesses deal with the crisis Hindustan Times The need of the hour was money in hand, or simply, cash.
The economic package unpacked | Opinion – analysis – Hindustan Times
Additional government spending is negligible. Demand will remain low. The crisis will persist Pulapre Balakrishnan Union minister of finance Nirmala Sitharaman in New Delhi, May,
Economic package a lost opportunity; FY21 GDP to contract 7%: Bernstein | Business Standard News
The overall plan, in their view, was a general economic agenda and lacked substantive decisions to support consumption, promote manufacturing. Finance Minister Nirmala Sitharaman announcing
Govt withdraws order on compulsory wage payment by firms during lockdown | Business Standard News
Trade unions slam decision, employers welcome it, saying it was absolutely necessary especially in absence of grants from govt to industry for wage payment Over
Post-import expenses excluded for determining Customs value: Expert | Business Standard News
The charges for erection and training will not be included in the assessable value of the imported goods If you want the buyer or his
MSME: CII poll finds Rs 1,819 crore of unpaid dues to MSME members – The Economic Times
The sample CII poll showed that about 32 per cent of the outstanding to MSMEs have been delayed for more than 2 years and about
chidambaram: Govt’s fiscal stimulus package hopelessly inadequate: Chidambaram – The Economic Times
Senior Congress leader and former finance minister P Chidambaram said the stimulus package has left several sections like the poor, migrants, farmers, labourers, workers, small
indian economy: Show me the money! Analysts say illusory stimulus leaves economy, stocks in big trouble – The Economic Times
The hype around the Rs 20,00,000 crore government stimulus seems to have fizzled out. “This is not a stimulus package. A stimulus package is something
Govt package impact: Govt package won’t stimulate economy out of painful recession: Swaminathan Aiyar – The Economic Times
‘We are facing an economic collapse and GDP is likely to fall 3% to 5%’ We should not be worried about ratings downgrade from global
COVID-19 relief as policy package | Deccan Herald
New Delhi: Union Finance Minister Nirmala Sitharaman gestures during a press conference to announce the fifth and final tranche of economic stimulus package, at the
Footwear, textiles, pharma, electronics in Centre’s list of sectors to push self reliance | Business News,The Indian Express
The government, which identified these industries and several others as having “unnecessary” imports, plans to improve the quality of domestically made products and discourage these
Tight fist and fingers crossed: Fiscal relief this year is 1.1 per cent of GDP | Business News,The Indian Express
In her fifth and final tranche of the AtmaNirbhar package announced on Sunday, Finance Minister Nirmala Sitharaman allocated a chunk of the Centre’s fiscal relief
Underwhelming | The Indian Express
Seen against the scale of economic distress, and expectations raised by the prime minister’s announcement of a Rs 20 lakh crore package, the measures announced
The economy needs more stimulus–Times of India
The stimulus measures announced by the government in five tranches are a mix of immediate relief, regulatory changes and some structural change. These are welcome
