On April 1 every year, businesses unroll their budgets and targets for the new financial year. This financial year — FY21 — is different. As a relief from the
Category: MSME-Startup
Hsg socs to compile data on all staffers–Times of India
Exercise will help enrol these people under a central government pension scheme Any effort to come to the rescue of the daily wagers and those who work in
The MSME sector is critical in times of Covid-19 – analysis – Hindustan Times
A large fraction of India’s firms are small, informal and operate in the unorganised sector. Recent annual reports on Micro, Small and Medium Enterprises (MSMEs)
‘Exempt sales and service of farm equipment from lockdown’ – The Hindu BusinessLine
Farm machinery makers are seeking exemption from the lockdown to run their sales and service centres to cater to the farmers’ requirement during the rabi
Coronavirus: Trade credit insurance sector may see rise in claims | Business Standard News
So far, there has not been a noticeable impact of the current pandemic situation on trade credit insurance Non-life insurers are keeping a close watch
Coronavirus would reset distances, labour market: Experts – The Economic Times
By Dinesh Narayanan COVID-19 CASES WorldIndia The sudden displacement of migrant labour would have far-reaching impact on the Indian economy and states should be prepared
New CBIC circular: Import, export of goods without furnishing bonds to Customs authorities allowed – The Financial Express
The CBIC said it has approved relaxation of the requirement to submit bonds. CBIC Circular: The Central Board of Indirect Taxes and Customs (CBIC) on
Measures that can boost MSMEs during Covid-19 lockdown – The Economic Times
By Sampad Swain Businesses have been taking a hit due to Covid-19 lockdown. The supply chain has been disrupted, imports are down, and markets are
Centre may go for staggered exit from lockdown – The Hindu BusinessLine
Modi seeks formulation of common exit strategy in meeting with Chief Ministers Prime Minister Narendra Modi, in a meeting held with Chief Ministers via video-conferencing
Banks may ask RBI for breather on lump sum repayment of deferred interest – The Hindu BusinessLine
Banks may move the Reserve Bank of India (RBI) to allow businesses and individuals availing working capital facilities more time to repay the interest in
We will only be as healthy as our supply chains–Time of India
Perhaps this is most urgently being felt by those at the frontline of the war against Covid-19, where disruptions in the global and domestic supply
Uncritical endorsement: The Hindu Editorial on exodus of migrant workers and the Supreme Court – The Hindu
Supreme Court must ask more probing questions on the way the government is handling the pandemic. There are two aspects to the Supreme Court’s limited
Facts fight fear | The Indian Express
The only official communications that the migrants received were delivered by the policeman’s heavyhandedness, and his lathi. In times of crisis, especially a health crisis
सुस्पष्ट धोरणाचा अभाव –महाराष्ट्र टाइम्स
सुस्पष्ट धोरणाचा अभाव करोना विषाणूचा प्रसार रोखण्यासाठी केंद्र सरकारने २१ दिवसांची टाळेबंदी जाहीर केली, त्याला आठवडा होऊन गेला. टाळेबंदीच्या दुसऱ्या दिवशी केंद्र सरकारने देशभरात करोना
Increased default threshold for IBC trigger comes into effect – The Hindu BusinessLine
From 1 lakh, the threshold has been raised to ₹1 crore The Ministry of Corporate Affairs (MCA) has operationalised the Centre’s move to raise the
Covid-19 impact: Will ₹1-lakh threshold for insolvency plea under IBC be reviewed? – The Hindu BusinessLine
If implemented, the move will offer substantial relief to stressed sectors In a bid to avoid frivolous applications under the IBC, one of the amendments
UPA economy doctors’ prescription to tide over coronavirus crisis | Business Standard News
Economy doctors of the United Progressive Alliance government — C Rangarajan, Montek Singh Ahluwalia, and Pronab Sen — had played a pivotal role in fixing
As Covid-19 grips economy, firms uncertain about impact on bankruptcies | Business Standard News
However, industry experts said many would also try to take advantage of the situation and blame the delay or non-delivery of projects on the Covid-19
Experts peg India’s Covid-19 lockdown cost at $120 bn, call for relief plan | Business Standard News
Pegging the cost of the Covid-19 lockdown at $120 billion (approximately Rs 9 trillion) or 4 per cent of the GDP, analysts on Wednesday sharply
An opportunity in Covid-19 crisis: Revisit all loan repayment contracts | Business Standard News
The prospect of wide-scale defaults in banking-related contractual obligations on account of the pandemic has stirred lenders into action. The Indian Banks’ Association (IBA) plans
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