A needless controversy has erupted over RBI revealing that banks have written off bad loans worth Rs 68,607 crore in its response to Right-to-Information (RTI)
Category: MSME-Startup
Locked-out auto companies risk losing billions in exports – The Economic Times
The industry is urging the government to allow production across the entire supply chain at different hubs. Without this, the export orders can’t be honoured,
MSME sector: We’ll work out a formula to prop up MSME sector: Shivaram Hebbar, state labour minister – The Economic Times
The government is aware the MSME sector is in difficulty, and if the central and state governments don’t lend a helping hand, it is going
MSMEs: Trade unions fear job losses, sound out state government to save small firms – The Economic Times
There are about 600,000 garment workers in the city. Job losses or wage cuts will impact the economy as the working class is already anxious
Urjit Patel writes: Monetary actions by the RBI have left the MPC’s decision on the policy rate partly redundant
This requires making the institution of MPC more enduring, not bypassing it. Decision on monetary policy actions based on voting by committee members, provision of
Govt likely to pledge Rs 3-trn in loans to MSMEs amid Covid-19 outbreak | Business Standard News
Small firms will be eligible to borrow an additional 20 per cent of their credit limit. The extra debt will be fully backed by the
GST, GAAR reporting delayed till March 2021 amid coronavirus outbreak | Business Standard News
The I-T Dept had, in 2018, changed the tax audit form 3CD, seeking details under GST as well as GAAR, which seeks to prevent firms
Slight ease in lockdown gives hope to the desperate, improves employment | Business Standard Column
The count of the unemployed who were actively looking for jobs during the week of April 26 was around 76 mn. In the earlier weeks,
In a sea of red ink | Business Standard Column
A lot of uncertainties remain on how, when, and at what total economic and social cost, this pandemic will be tamed There is an expanding
Lift the lockdown | Business Standard Editorials
An extension will only increase the human cost In his meeting with chief ministers on Monday, Prime Minister Narendra Modi rightly pointed out that importance
Why it is time to end Covid-19 lockdown – The Financial Express
The lockdown has achieved its purpose. Extending it may not be worth the cost. Without a lockdown, the number of Covid-19 infections was projected to
Modi and the CMs take the wrong call – The Financial Express
Likely extension of the lockdown is a bad idea; the PM and the CMs got trapped in flattening-the-curve rhetoric New findings make it clear that
This many MSME loans are at higher risk of becoming NPAs in next 12 months: CIBIL – The Financial Express
Credit and Finance for MSMEs: The NPA rate for MSMEs has increased continuously over the past few years. It stood at 12.6 per cent as
Need for all-round package to put life back into MSMEs, suggests FICCI; lists measures for govt, RBI – The Financial Express
Credit and Finance for MSMEs: FICCI suggested the government to extend the direct cash benefit to MSMEs without complicated paperwork. Finance Minister Nirmala Sitharaman had
MSMEs in logistics hit hardest by lockdown; here’s what govt can do to revive ailing small businesses – The Financial Express
Logistics for MSMEs: According to the All India Motor Transport Congress, the daily movement of trucks has decreased to less than 10 per cent of
Whopping 74% small businesses, startups may shutdown, scale down in next few months – The Financial Express
Credit and Finance for MSMEs: The government had recently said that it is looking at increasing the credit guarantee to MSMEs to Rs 5 lakh
Delayed MSME payments: Rate of disposed cases remains low; govt portal helps settle this much amount – The Financial Express
Credit and Finance for MSMEs: MSME Samadhaan, launched in October 2017 by then MoS MSME Giriraj Singh, has facilitated the disposal of 3,145 cases filed
M&M has opened 40% tractor dealerships, says Executive Director Rajesh Jejurikar – The Financial Express
Auto dealers are also ready and waiting for the announcement of dates to resume operations. Mahindra and Mahindra (M&M) has opened 40% of its tractor dealerships
Supreme Court refuses to stay MHA order on full salaries to workers during lockdown – The Financial Express
It is irrational to treat all private establishments alike irrespective of profit, loss, debt, or turnover, the petition said, adding that a blanket direction by
Reopening blues: More relaxations, guiding people towards a “new normal” should take precedence now–Times of India
A necessary step in the phased restart of businesses has been taken with the go-ahead for opening of neighbourhood shops, though not without its share