Globally, including in India, almost 80% of the travel and tourism industry is composed of small and medium enterprises (SMEs). In most countries, ‘payroll support’
Category: MSME-Startup
Industry demands Rs 6 lakh cr stimulus package to mitigate impact of lockdown – The Economic Times
CII has suggested instituting a Government spending package equivalent to 3 per cent of GDP which would add Rs 6 lakh crore to the available
District-level clearance norms for MSME scheme relaxed – The Economic Times
KVIC chairman Vinai Kumar Saxena took up the matter with MSME minister Nitin Gadkari earlier this month. In light of the impact of the pandemic
The many bottlenecks in making India work again and how to fix them – The Economic Times
Policymakers have not adequately emphasised on change in demand composition in the country due to Covid crisis. In the ‘life vs livelihood trade-off’ in India,
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.
India to cap stimulus package at $60 bn to protect credit rating: Report | Business Standard News
Fitch warned India’s sovereign rating could come under pressure if its fiscal outlook deteriorates further Health workers wearing protective suits shift to a van the
‘We need stimulus of 5% of GDP now’: Rakesh Mohan – business news – Hindustan Times
Mohan, who is now a senior fellow at the Jackson Institute for Global Affairs at Yale University, said in an interview that India has the
Faster exit needed: Restoration of transport and fiscal package to kickstart the economy are essential–Times of India
The initial 21-day lockdown was extended by another 19 days, and major relief was expected by May 3. Government has now promised some guidelines to
Giving teeth to bankruptcy code | Business Standard Column
By adopting a few steps many companies that have no alternative but to go to the NCLT to keep themselves from closing down can be
Say no to banks | Business Standard Editorials
Suspending IBC for an extended period would destroy it Indian banks are reportedly planning to suggest to the government that all the pending cases under
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
Crisil expects gross NPAs to rise by 150-200 basis points this fiscal – The Financial Express
Crisil expects GNPAs for the financial year 2020 to remain at 9.5%. Considering the Covid-19 impact, Crisil has projected GNPAs in the range of 11-11.5%
Renew the pledge | The Indian Express
More than ever, the rights of workers, vulnerable need to be secured. The COVID-19 pandemic is haunting the world. It has been devastating the lives
The new deal India needs | The Indian Express
There are no labour-day rallies, celebrations or meetings this year as everyone is under lockdown, fighting the coronavirus through physical distancing. Nevertheless, it is a day for
startups: Industry body urges government to create Rs 25,000-crore fund for startups – The Economic Times
An existing Rs 10,000 crore fund-of-funds, which is currently being administered by the Small Industries Development Board of India (Sidbi), should be rolled into it
Govt plans to launch initiatives to boost exports from MSME sector: Official – The Economic Times
MSME Secretary Arun Kumar Panda said talks were on with NITI Aayog to rank states on the basis of 4Es including employment generation, enterprise creation,
Bankers want govt guarantee on incremental loans to MSMEs – The Economic Times
Banks are currently offering 10% of outstanding loans to MSMEs as additional working capital at a concessional rate to help them tide over the temporary
PM Modi: View: Desperate India may now need Modi to do a Roosevelt – The Economic Times
Every nudge by the Reserve Bank of India to make lenders take credit risk has fallen flat. Small Indian companies getting decimated by the world’s
National Restaurant Association of India: As restaurants start shuttering, some entrepreneurs are trying to reinvent their business – The Economic Times
RedSeer estimates food delivery will take a year to come back to pre-lockdown levels. RedSeer Consulting estimates food delivery alone will take at least a
Graded opening of economy needed to protect livelihood, says Amitabh Kant – The Economic Times
“Possible Road Ahead: Hyper-localisation in Red areas with ruthless containment; 2.Physical distancing & Masks =New Fashion; 3.Virus can bounce back; 4. Look after 60+with Co-morbidity;
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