[ad_1] NEW DELHI: The government revealed on Wednesday a significant dose of reinforcement involving a series of initiatives for micro, small and medium-sized enterprises, including automatic unsecured loans worth Rs 3 lakh crore for companies. A subordinated debt of Rs 20,000 crore for stressed units, a Fund of funds for …
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[ad_1] Written by Sunny Verma , Aanchal Magazine Sandeep Singh The | New Delhi | Updated: May 13, 2020 7:31:08 am The Center is also likely to push for the privatization of some state-owned companies, said a senior government official. Prime Minister Narendra Modi’s announcement of a Rs 20 lakh …
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[ad_1] Prime Minister Narendra Modi announced a ~ 20 lakh crore economic package to help people and businesses deal with the Covid-19 pandemic and forced closure to combat its spread and, he says, turn the “crisis into a opportunity”. The details of the package, which is equivalent to a little …
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[ad_1] UP expects labor law changes to create new MSMEs and at least five-lakh new jobs. (Representational image) A policy to provide jobs to migrant workers, which are expected to return to Uttar Pradesh amid the lockdown, is currently underway by the state government. “A policy is being framed to …
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[ad_1] As part of the gradual unlocking, Indian Railways said Sunday that it will resume passenger train services gradually starting Tuesday. Prime Minister Narendra Modi will discuss with the state’s top ministers on Monday what to do next in the fight against the new coronavirus outbreak. Modi will hold a …
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[ad_1] NEW DELHI : Finance Minister Nirmala Sitharaman will hold a review meeting with CEOs of public sector banks (PSBs) on Monday to discuss various issues, including raising funds, as part of efforts to shore up the economy affected by the COVID-19 crisis. The meeting, to be held via video …
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[ad_1] LUCKNOW : Hoping to revive its coronavirus-affected economy, the Uttar Pradesh government said Sunday it will generate 90 lakh of new jobs in existing MSMEs and encourage entrepreneurs to establish smaller industries by offering loans on easy terms. Ninety lakh people could get jobs if a job is added …
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[ad_1] New Delhi: Union Minister Nitin Gadkari said on Thursday that the micro, small and medium-sized enterprises (MSMEs) sector is on the verge of collapse and urged major industries to release outstanding quotas to such companies within one month. He said that the position of MSMEs was “worse” since they …
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[ad_1] NEW DELHI: Prime Minister Narendra Modi on Saturday discussed possible interventions in the financial sector, along with ways to support small businesses, farmers and enhance liquidity and provide higher credit. During the discussions with Home Minister Amit Shah, Finance Minister Nirmala Sitharaman and her team of officers, Modi also …
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[ad_1] NEW DELHI: President of Congress Sonia Gandhi wrote a letter to Prime Minister Narendra Modi on Saturday highlighting the economic concerns of MSMEs in the country that need “immediate” government intervention in the wake of the coronavirus pandemic. Sonia Gandhi, in her letter to Modi, said that more than …
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