[ad_1] Written by Maulshree Seth The | Lucknow | Posted: May 14, 2020 10:13:57 AM UP Chief Minister Yogi Adityanath. When the Center announced a loan guarantee of Rs 3 lakh crore to restart micro, small and medium-sized enterprises (MSME), the Uttar Pradesh government said on Wednesday that it would …
Read More »Nirmala Sitharaman will announce the next set of measures today at 4 p.m.
[ad_1] NEW DELHI: Union Finance Minister Nirmala Sitharaman It will announce the second tranche of measures in the government’s Rs 20 lakh crore economic package at a press conference at 4 pm Thursday. Information on the press conference was given through a tweet by the finance ministry earlier that day. …
Read More »Six reasons why the tax package has more to do with putting people’s money in their hands than with starting a paralyzed economy
[ad_1] The central government has announced an economic package that supposedly represents about 10 percent of India’s gross domestic product (GDP). GDP is a measure of the economic size of a country. India’s GDP is around Rs 200 lakh crore. This is how 10 percent of that results in Rs …
Read More »Narendra Modi’s Rare 20 lakh crore stimulus combines cunning geoeconomics with Swadeshi-coated reinforcement, but may not be a panacea for job growth
[ad_1] “Look at London, talk to Tokyo” is an expression that is sometimes used to describe a wink or a squint. But this could literally be a fitting metaphor for Prime Minister Narendra Modi’s Rs 20-lakh-crore stimulus announced to revive India’s economy affected by the COVID-19 pandemic. Behind Modi’s obvious …
Read More »Industry acclaims Modi Rs 20 rupee bazooka; what Anand Mahindra, Vijay Shekhar Sharma, others said
[ad_1] In his more than 30-minute speech on Tuesday night, Prime Minister Modi stated the agenda of delivering an economic package and how it will help various sectors of society. In his fifth speech to the nation during the coronavirus blockade, Prime Minister Narendra Modi announced an economic stimulus of …
Read More »CAPF canteens to sell only swadeshi products
[ad_1] A day after Prime Minister Narendra Modi appealed to people to use locally made products, Union Home Minister Amit Shah on Wednesday announced that all canteens of the Central Armed Police Force (CAPF) would only sell swadeshi (local) or products made in India. Mr. Shah said on Twitter that …
Read More »4.5 million small businesses to obtain credit secured loans
[ad_1] NEW DELHI: Finance Minister Nirmala Sitharaman on Wednesday announced credit guarantee loans for micro, small and medium-sized enterprises (MSMEs), which are expected to help some 4.5 million units return to business. Announcing the details of the ₹Sitharaman said the 20 trillion fiscal stimulus package said that unsecured automatic loans …
Read More »2nd economic reset since 1991: Sanjeev Sanyal reveals agenda behind Modi’s Rs 20 lakh cr package
[ad_1] The reforms of 1991 under then Prime Minister PV Narsimha Rao government saw major economic liberalization in India. Prime Minister Narendra Modi-led BJP government announced a mega Rs 20 lakh crore economic stimulus on Tuesday to help the countrymen tide over the coronavirus pandemic. While the package itself is …
Read More »Twitter wants PM Modi to know that we have been ‘Atmanirbhar’
[ad_1] Photo of Prime Minister Narendra Modi. It was the phrase ‘Atmanirbhar’ (self-sufficient) that tickled Twitter and netizens presented all kinds of possibilities about what all ‘atmanirbhar’ could mean in the closing. News18.com Last update: May 13, 2020, 12:25 p.m. IST In his speech on Tuesday, Prime Minister Narendra Modi …
Read More »economic stimulus package: new support of only Rs 12-13 lakh cr in PM Modi economic stimulus: Report
[ad_1] Mumbai: From the Rs 20-lakh-crore package that PM Modi announced to defend the economy against coronavirus disruptions, the new support may be only around 60 percent of supply, as it features the first financial stimulus and support from liquidity that the Reserve Bank has already given, and will overload …
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