Clipped from: https://economictimes.indiatimes.com On the issues likely to be faced during the Unlock 1.0 period which began this week , the survey covered various aspects such
Category: MSME-Startup
Rajiv Bajaj: India ended up flattening the wrong curve (GDP) because of a ‘draconian lockdown’: Rajiv Bajaj – The Economic Times
Clipped from: https://economictimes.indiatimes.com The country eventually came to suffer the worst of both worlds, Bajaj told Rahul Gandhi. The lockdown that India put in place around
Double whammy for service companies: Required to pay GST on defaults, bad debts – The Economic Times
Clipped from: https://economictimes.indiatimes.com Services companies have been dealt a twin blow: Unpaid bills, & GST liabilities on incidents on non-payment. MUMBAI: As customer defaults mount due to the Covid-19
Second migrant crisis may be coming – The Economic Times
Clipped from: https://economictimes.indiatimes.com Villages now struggle to cope with returnees who have no income and no immediate chance of employment. With the crisis of migrants unable to return
SC advises middle path over paying 100% salary during lockdown | Deccan Herald
Clipped from: https://www.deccanherald.com/ A view of the SC The Supreme Court on Thursday suggested for finding a middle ground to protect the interest of crores of
Overseas listing is for the big boys – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Smaller companies may not be able to garner resources for a foreign IPO There is a buzz doing the rounds of late that
More players may enter contract farming – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com A farmer waiting to sell bananas in Daranggiri market in Assam. Pre-determined price in contract farming will help reduce farmers’ risks – THE
Going back to basics: Make labour laws simple, protect workers’ rights | Business Standard News
Clipped from: https://www.business-standard.com/ It’s not just the inability to downsize that constrains it but opaque hiring practices and the illogic of size-based legal thresholds that encourage
Dismantling of labour laws will take away workers’ protection, says Ex-CEA | Business Standard News
Clipped from: https://www.business-standard.com India’s January-March GDP growth sank to 3.1 per cent, a low not seen in at least 17 years Subramanian agreed with most
Perils of ‘self-reliance’ | Business Standard Editorials
Clipped from: https://www.business-standard.com Protectionism will hurt India’s economy and its people When Prime Minister Narendra Modi introduced the concept of “aatmanirbharta” or self-reliance to the nation
Cabinet gives nod to fund for reviving NPA accounts in MSMEs; to provide this much credit guarantee – The Financial Express
Clipped from: https://www.financialexpress.com Credit and Finance for MSMEs: The government will provide Rs 4,000 crore support to the CGTMSE, which will give partial credit guarantee support
MSMEs call govt’s decision for funding NPA accounts historic; hail approval to revised definition – The Financial Express
Clipped from: https://www.financialexpress.com Ease of Doing Business for MSMEs: MSME Minister Nitin Gadkari in a press briefing announced the Cabinet approval to the revision in the
‘Govt must replace red-tapism with red carpet to attract firms exiting China and for MSMEs to benefit’ – The Financial Express
Clipped from: https://www.financialexpress.com Ease of Doing Business for MSMEs: Recently, Japan announced $2.2 billion stimuli to help out Japanese companies moving out of China followed by
IBC realisations for financial creditors may drop 40% to Rs 60,000 crore in FY21 – The Financial Express
Clipped from: https://www.financialexpress.com Against the stipulated resolution period of 330 days, the average time taken for completion of the CIRPs yielding approval of resolution plans has
Insolvency halt gives a rude jolt to boutique IRPs – The Economic Times
Clipped from: https://economictimes.indiatimes.com Several IRPs and lawyers are of the view that boutique firms largely dependent on operational creditors and small businesses will face a double
Cabinet okays ordinance to amend insolvency law; defaults due to COVID out of IBC ambit – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ Payment defaults from March 25 — the day when the nationwide lockdown to curb coronavirus infections began — would not be considered for
MSME news: MSMEs to be classified based on new criteria from July – The Economic Times
Clipped from: https://economictimes.indiatimes.com The existing criterion of definition of MSMEs is based on the MSMED Act, 2006.It was different for manufacturing and services units. It was
Not prudent to go for forced waiver of interest, risking financial viability of banks: RBI to SC – The Economic Times
Clipped from: https://economictimes.indiatimes.com RBI told the Supreme Court that a forced waiver of interest would risk the financial viability of banks. NEW DELHI: The Reserve Bank
Retail and SME loans to deteriorate now: Moody’s – The Economic Times
Clipped from: https://economictimes.indiatimes.com Days after downgrading India, Moody’s said the quality of retail and SME loans will also deteriorate. Days after downgrading India’s sovereign ratings, global
FRBM framework will need to be updated, says former CEA Arvind Subramanian – The Economic Times
Clipped from: https://economictimes.indiatimes.com It will be a very difficult economic year. We should brace ourselves for a sharp decline in growth, he said. NEW DELHI: Former
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