In an interaction via video conferencing with the representatives of Bharat Chamber of Commerce, the minister for MSME and transport said the default on pending
Category: MSME-Startup
Corporates miss vendor payments, bill discounting platforms see red – The Economic Times
Several large corporates which have issued ‘bills of credit’ are now demanding additional 30 to 60 days to honour their commitment. According to leading players
Let it flow: World continues imbibing during the lockdown, don’t force abstinence on India either–Times of India
Even with airports, malls, bars and restaurants shuttered up the world hasn’t stopped drinking. Only, it is drinking at home these days. Some places like
Fiscal package is overdue–Times of India
IMF has forecast that India’s economy in the current financial year will expand by 1.9%, the lowest level in about three decades. A couple of
Unparalleled global recession underway, twice as severe as 2009: Report – business news – Hindustan Times
Fitch said the slump in FY21 growth was mainly due to a projected fall in consumer spending to just 0.3 per cent in FY21 from
Post lockdown, India’s economy should not lapse into ‘permit raj’ | The Indian Express
At this crossroads, missteps can change nation’s trajectory for decades to come. We cannot have the poor, the labourers and the migrants bear the brunt
Covid shadow hangs heavy over insolvency proceedings – The Hindu BusinessLine
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
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
