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Indian govt announces Rs 6.3 trillion relief package to fight second Covid wave

FM extends tenure of PLI scheme for large scale electronics manufacturing till 2025-26. Announces credit guarantee scheme to facilitate loans to 25 lakh persons through Micro Finance Institutions (MFIs).Read more

CBIC introduces Liberalised Authorised Economic Operator Package for MSMEs

The scheme aims to attract MSMEs to become Authorised Economic Operators (AEOs) and avail the various benefits. CBIC has relaxed the compliance criteria provided the MSMEs have a valid certificate from their line-Ministry.Read more

Government extends Emergency Line Credit Guarantee till Nov 30

The extension is expected to provide an opportunity to the borrowers who are yet to avail this scheme, thereby gaining from this scheme.Read more

Ashok Leyland suggests policy intervention on Aatmanirbhar Bharat package

Commercial Vehicles have been majorly hit, owing to pressure from a prolonged slowdown and from this unprecedented pandemic.Read more

Atmanirbhar Bharat package lacks immediate stimulus for auto sector: SIAM

Reduction in the GST rates from 28 to 18 per cent for a limited period and an incentive-based vehicle scrappage policy would have made a less painful revival.Read more

ACMA welcomes new MSME definition and infusion of liquidity

The new package is expected to give a big boost to the MSME sector, which has been under severe stress.Read more

Govt’s economic package to benefit machine tool industry: IMTMA

The momentum set by this economic package will help industries to pick themselves up from the economic slowdown and coronavirus outbreak that they were battling with, says Indradev Babu, President, IMTMARead more

Govt’s relief measures focuses on MSMEs to reduce COVID 19 impact

Govt’s relief measures focuses on MSMEs to reduce COVID 19 impactRead more

Govt should announce stimulus package: KS Balamurugan

KS Balamurugan, Managing Director of K. U. Sodalamuthu & Co. Pvt Ltd speaks on the significance of automation and modernisation that is increasing across industries, and how the company intends to tide over the present crisis due to Covid -19 pandemic.Read more

A COVID19 Relief Package for SMEs

Fiscal stimulus through Direct Benefit Transfer is surely the way to help the economically weaker sections but what about the 7,00,000 tax paying SMEs? Read more

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