[ad_1] Former finance minister P Chidambaram on Friday mocked successor Nirmala Sitharaman and his ministerial colleague Nitin Gadkari for the solutions they have proposed for the problems of micro, small and medium-sized enterprises (MSMEs). “Minister Gadkari says that governments and UPMs owe Rs 5 lakh crore as unpaid quotas to …
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[ad_1] IIT Madras, industry bodies to study the impact of COVID-19 on MSMEs in Tamil Nadu Chennai The Indian Institute of Technology (IIT) Madras is collaborating with industry agencies to understand the impact of the COVID-19 crisis on micro, small and medium enterprises (MSMEs) in Tamil Nadu. The study is …
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[ad_1] The finance ministry has sent a draft circular to banks detailing the implementation of automatic unsecured loans for companies, including micro, small and medium-sized companies, according to a senior banker familiar with the matter. The scheme was announced as part of the ₹20 trillion packages of Atmanirbhar Bharat Abhiyan …
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[ad_1] Written by Sunny Verma George Mathew The | Updated: May 14, 2020 12:47:00 pm Workers are seen resuming work in Katraj when few industries start operating. (Express photo by Ashish Kale) The government’s decision to establish a liquidity infusion package for micro, small and medium-sized companies, which implies providing …
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[ad_1] New Delhi: Following the example of Prime Minister Narendra Modi’s call to promote local products, the Union Ministry of the Interior decided on Wednesday that dining rooms by paramilitary forces will sell only indigenous products from June 1 in an attempt to give a boost to small-scale industries and …
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[ad_1] Opposition parties expressed their disappointment with the special Covid-19 stimulus package announced by the Center on Wednesday with Congress alleging that it has nothing for migrant workers returning to their home states. Congress sent former finance minister P Chidambaram to counter government announcements. “There is nothing in what the …
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[ad_1] NEW DELHI : Finance Minister Nirmala Sitharaman on Wednesday offered struggling small businesses, the country’s top job creator, a bailout package that includes credit guarantees, capital support and a better chance of winning government contracts as part of ₹20 trillion package to revive the economy. Sitharaman sought to address …
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[ad_1] Finance Minister Nirmala Sitharaman (Image: Amlan Paliwal) The announcements, described by Sitharaman as the first in a series of tranches to be presented in the coming days, are part of the Rs 20 crore fiscal and monetary package of Rs 20 announced by Prime Minister Modi on Tuesday to …
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[ad_1] After announcing measures to MSMEs, Finance Minister Nirmala Sitharaman on Wednesday he turned his attention to EPFs, TDS and taxation-relationship issues. The Finance Minister also sought to clarify the environment around the Prime Minister’s call for self-sufficiency, saying that does not mean that India will look only inward and …
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[ad_1] By Arvind Panagariya Even from the limited details that Prime Minister Narendra Modi explained in his speech on Tuesday night about the Rs 20 trillion stimulus package, it was clear that this main figure would be achieved by adding apples and oranges. The details now provided by Finance Minister …
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