The decisions will help NBFCs, hit hard by the Covid-19 crisis, tackle their temporary liquidity mismatch and also enable them to continue to lend and
Category: RBI–Banks
The real story behind PM Modi’s mega MSME push – The Financial Express
Appearing on the same programme, economist Venkatraman Anantha Nageswaran reminded viewers that the relief should extend to micro, small, and medium farmers and agri-businesses. On
Now to stimulate the stimulus – The Economic Times
GoI has leaned on addressing the survival issue via some cash and in-kind transfers to vulnerable sections of society. But India is a consumption-based economy
NBFC: New government fund for NBFCs will have limited impact: Analysts – The Economic Times
Analysts said the short duration of the debt and rating restriction raises a question over its effectiveness. Mumbai: The government has announced that it will
Who said India’s Covid stimulus package is way less than others – The Economic Times
The reforms announced are far reaching and cover large gamut of activities The stimulus package is a mix of fiscal support, monetary support, ease of
India has been forced a reset by Covid-19, especially its political economy of reform – The Economic Times
India badly needed these second-generation reforms as a reboot to the 1991 reforms that have run their course. Both Prime Minister Narendra Modi and finance
Govt’s mega economic booster: Why TDS rates should be halved for good–Business Today
Corrective measures on the TDS and refunds front would bring relief to trade and industry while enhancing their competitiveness in the international market In order
Aakar Patel: Break down of trust between state and the poor–Deccan Chronicle
A policeman disperses migrant workers gathered outside a railway station intending to board a special service train without valid tickets to return back to their
Centre’s Covid-19 report card: It recognised the threat, but slipped on migrants, economy – editorials – Hindustan Times
As India prepares for the next phase in the battle, it should build on the strengths and remedy the weaknesses. Hindustan Times A migrant labourer
MSME: Cabinet approves Rs 3 lakh cr emergency credit line for MSME; loans at 9.25% rate – The Economic Times
The scheme aims at mitigating the economic distress being faced by about 45 lakh MSMEs by providing them additional funding of up to Rs 3
Cash flow problems of MSMEs to keep bank stocks under pressure: Andrew Holland – The Economic Times
Emerging markets will be hit again if there is a second wave of virus’ Once the global markets pick up, then emerging markets exporting countries
Stimulus package lacks major near-term support for economy: Report – The Economic Times
“India’s response to the COVID-19 crisis lacks major or innovative near-term fiscal support, and fails to provide the much-needed impetus to stimulate growth and kick-start
Debt woes derail India’s plan to deliver stronger fiscal support – The Economic Times
The actual fiscal cost of the stimulus released by the FM amounts to just about 1% of GDP. Fitch said last week it saw India’s
Debt woes derail India’s plan to deliver stronger fiscal support – The Economic Times
The actual fiscal cost of the stimulus released by the FM amounts to just about 1% of GDP. Fitch said last week it saw India’s
Foreign investors pull out USD 26 billion from Asian economies; USD 16 billion from India | Business News,The Indian Express
While almost all major economies are shrinking as a result of coronavirus, only three countries China, India, and Indonesia are projected to experience small, but
Nirmala Sitharaman on AtmaNirbhar package, India’s Covid-19 response
Finance Minister Nirmala Sitharaman says she is open to deficit monetisation, won’t hazard a guess on where growth is headed. Finance Minister Nirmala Sitharaman addresses
Government’s economic package only 1% of GDP, say analysts – Times of India
NEW DELHI: The government has announced a five-part package and has provided details of how it adds up to Rs 20.97 lakh crore and accounts
Flawed stimulus is justice denied – The Hindu
The government should ensure that matters of lives and livelihoods are not pitted against each other The COVID-19 pandemic and the prolonged national lockdown have
‘Atmanirbhar Bharat’ does not adequately address the deep crisis at hand – The Hindu BusinessLine
The package, by relying overwhelmingly on credit infusion to boost the economy, has failed to recognise that investment will pick up only when people across
Banks are now expected to bear the bulk of the stimulus cost – The Hindu BusinessLine
The suspension of fresh insolvency proceedings for a period of one year under IBC comes as a breather for MSMEs, but could lead to steep
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