Besides denting valuation of assets, lockdown seen delaying resolution The hiatus in insolvency proceedings could have an adverse impact on the valuations of already stressed
Category: MSME-Startup
A case against suspending IBC amidst Covid-19 crisis – The Hindu BusinessLine
A blanket ban on recourse through the IBC process will hurt genuinely affected lenders from recovering the debt owed to them. The IBC process must,
Business needs a ‘circuit breaker’ amidst Covid-19 crisis – The Hindu BusinessLine
Smaller enterprises must be given the right to claim force majeure against meeting of contractual obligations for some time, to save them from collapse due
RBI relief for banks: More time given on review period, resolution of stressed assets – The Hindu BusinessLine
The Reserve Bank of India (RBI) has given a temporary breather to lenders on the Review Period as well as timeline for resolution of stressed
The RBI should do more to boost bank lending – The Hindu BusinessLine
Additional measures such as easing of prudential standards are needed for banks to expand credit during crisis times like Covid Building upon the measures announced
3 critical lessons small businesses must learn from Covid-19 to grow in post-pandemic world – The Financial Express
Ease of Doing Business for MSMEs: The small business owners must build trauma management capabilities to be able to respond to a crisis with their
Calibrated monetary, fiscal stimulus on anvil: Principal Economic Advisor | Business Standard News
International passenger travel would remain shut for a long time, not for weeks but for months, he said citing examples of sectors which will continue
Why it may be a long haul | Business Standard Column
The tension between livelihood and public health will not disappear for a while. And while it remains, chief ministers will take their own call on
Focus on capital formation policy | Business Standard Column
It is vital to ensure that the clamour for suspending bankruptcy laws does not translate into reality The economic impact of the response to Covid-19
GST rates and the medical devices industry | Business Standard Column
Let us use the GST rate regime to build up a strong domestic industry in sectors like pharmaceuticals and medical devices that can play to
Read from home | Business Standard Column
One should worry, of course, about what this is doing to one small business sector in particular that was already under stress: Bookshops Those of
The fiscal response challenge | Business Standard Column
In terms of policy response, governments and central banks are intervening aggressively in the advanced economies It is still difficult to gauge the actual magnitude
Banks readying debt recast for Covid-hit companies – The Economic Times
Bankers feel companies hit by the lockdown will need at least a year to recover. Mumbai: The Indian Banks’ Association (IBA) is finalising a special restructuring proposal
Garment exporters’ body expresses inability to pay workers’ pay for April, May – The Economic Times
The body has appealed to Prime Minister Narendra Modi and state chief ministers to facilitate payement of wages to workers for these two months. GEMA
Minimum wages, safety for truckers essential for smooth supply chain in lockdown:Ashok Leyland – The Economic Times
Ashok Leyland has already started initiatives on this front and look forward to partner with the government for any new initiatives on these lines. NEW
Covid-19 Impact: Top retailers urge government to open non-essential retail to reset the Indian economy – The Economic Times
The Clothing Manufacturers Association of India (CMAI), said only 8% of its members have funds to pay salary next month since 90% of all apparel
Government clears air on restaurant closure rumour – The Economic Times
The ministry of tourism clarified that it has not issued any letter on closing of hotels and restaurants till October 2020 due to the coronavirus
MSEs: Nearly 80 pc MSEs hit as economic activities come standstill amid COVID-19: Survey – The Economic Times
The survey showed that five out of 10 businesses would run out of their working capital within two months and they will depend on loans
Economy will take at least 12-24 months to recover: N Venkatram – The Economic Times
We are fortunate that the oil crisis is benefiting us, says CEO of Deloitte India. I would go beyond just looking at demand and supply
Covid lockdown: Can’t pay salaries, say labour-intensive sectors – The Economic Times
“While we agree with the government that wages should be given, the minimum wage of Rs 8,000-9,000 per worker will be tough to sustain as