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Dr Sreeram Srinivasan: Covid 19 is not a cause for chip shortage
In this exclusive interview with Rakesh Rao, Dr Sreeram Srinivasan, CEO of Syrma Technology, explains the reasons behind the current chip supply crisis and also shares his growth plans for Syrma Technology.Read more
RBI extends Interest Subvention Scheme till Sept 30
This timely extension will provide competitive rates for exports and bring it near international benchmarks particularly for MSMEs.Read more
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
Niti Aayog CEO says Indian companies must become globally competitive
Amitabh Kant, CEO, Niti Aayog urged Indian companies to become globally competitive instead of promoting protectionism and complaining about imports via Free Trade Agreements (FTAs).Read more
RoDTEP rates for export promotion scheme expected to be notified soon
The remission rates and guidelines for export items under the new Remission of Duties and Taxes on Exported Products (RoDTEP) scheme are expected to be announced in ten days.Read more
MSME body CIMSME requests RBI to extend repayment period under ECLGS
CIMSME urged for extension of repayment under ECLGS 1.0 from three to five years after the moratorium period. It also requested the extension for all MSMEs without any restriction.Read more
PLI scheme to place India firmly in the global manufacturing value chain
PHD Chamber of Commerce and Industry recently held a Virtual Open House Session on the Implications of Production Linked Incentive (PLI) Scheme on India’s Manufacturing and Trade Competitiveness. Read more
Ind-Ra: ECLGS extension to help mid and emerging corporates recover post Covid
The extension in the scope of the Emergency Credit Line Guarantee Scheme (ECLGS) will support the liquidity of around one-third of mid and emerging corporates (MECs), according to India Ratings and Research (Ind-Ra).Read more
Rs 180 bn PLI Scheme for battery making to bring down EV cost
The implementation of the PLI Scheme 'National Programme on Advanced Chemistry Cell Battery Storage’ will bring down the cost of electric vehicles and boost green growth.Read more
Success of pre-pack insolvency scheme depends on implementation by CoC: NCLT
If this scheme performs well, it may be expanded to other corporate debtors as well, discussed during the webinar.Read more