Page 74 - Latest Updates on Nirmala Sitharaman
Decoding the Atmanirbhar Bharat package and its various components
While the govt has denied that the policy is isolationist and says it will make India part of the global supply chain, import substitution seems to be a part of the package
 "Decoding the Atmanirbhar Bharat package and its various components")
FSDC meet on Thursday to discuss impact of coronavirus on economy
This will be the first meeting of the FSDC, which comprises RBI Governor and other financial sector regulators, after the outbreak of the coronavirus.
 "FSDC meet on Thursday to discuss impact of coronavirus on economy")
Reliance looks at Nasdaq listing for Jio Platforms; IPO likely by 2021
Morgan Stanley is likely to be appointed the lead banker to manage the overseas listing, while Bank of America Merrill Lynch and Citibank may also be roped in for the IPO, another source informed.
 "Reliance looks at Nasdaq listing for Jio Platforms; IPO likely by 2021")
Already in debt, Delhi street vendors say they want relief, not more loans
Because of lockdown, most street vendors were not able to earn anything and had to borrow money for survival. Not many will be able to repay the loans offered by the govt, vendors say
 "Already in debt, Delhi street vendors say they want relief, not more loans")
Defence reforms: Indian manufacturers looking to ride the opportunity
FM Nirmala Sitharaman had announced a series of measures to boost investments in India's defence and aerospace sector last week as part of the tranche 4 of the Rs 20 trillion economic stimulus
 "Defence reforms: Indian manufacturers looking to ride the opportunity")
Covid-19 crisis: 80% MSMEs in Sonipat hub await their turn to open
The first of a five-part series captures the restlessness of workers in Haryana's industrial clusters struggling to restart operations
 "Covid-19 crisis: 80% MSMEs in Sonipat hub await their turn to open")
Aatmanirbhar Bharat offers MSMEs short-term respite: Crisil SME Tracker
3.5 trn Atmanirbhar Bharat package for SMEs can increase credit to MSMEs by 18-19% which can address the short-term liquidity crunch. Here's a closer look at the measures announced, and their impact
 "Aatmanirbhar Bharat offers MSMEs short-term respite: Crisil SME Tracker")
Liquidity, labour and logistics are the key challenges: JSW Steel's Rao
Ensuring return of labour as important as sending them back home, says Seshagiri Rao
 "Liquidity, labour and logistics are the key challenges: JSW Steel's Rao")
After govt hikes market borrowing limit, states redraw their road maps
Union government has allowed states to borrow till their fiscal deficit hits 5 per cent of their respective gross state domestic product (GSDP)
 "After govt hikes market borrowing limit, states redraw their road maps")
Bank of Maharashtra sanctioned Rs 2,789 cr in loans to MSMEs in 3 months
The bank said it was now gearing up to extend the stimulus package announced by Finance Minister Nirmala Sitharaman to restart business activities
 "Bank of Maharashtra sanctioned Rs 2,789 cr in loans to MSMEs in 3 months")
Need to create ecosystem to help pvt companies thrive: NITI Aayog CEO
Amitabh Kant tells Dilasha Seth in an interview that the measures announced recently by Finance Minister Nirmala Sitharaman addressed both supply and demand side problems
 "Need to create ecosystem to help pvt companies thrive: NITI Aayog CEO")
Best of BS Opinion: Looking beyond the rate cut, economic package, and more
Here's a selection of Business Standard opinion pieces for the day
 "Best of BS Opinion: Looking beyond the rate cut, economic package, and more")
Covid-19 crisis: Only 46% women with Jan Dhan accounts withdrew money
The slow pace of withdrawals confirms what Reserve Bank of India Governor Shaktikanta Das stated in his monetary policy statement on Friday: 'Private consumption has suffered a precipitous decline'
 "Covid-19 crisis: Only 46% women with Jan Dhan accounts withdrew money")
Statsguru: Value erosion in PSUs can limit govt's disinvestment target
All sectors will be opened up for private firms and PSUs will be privatised in non-strategic sectors
 "Statsguru: Value erosion in PSUs can limit govt's disinvestment target")
'Govt, RBI should take more steps to revive economy'
No economic revival and reform package can please all and so, divergent views have come in regarding whether the package adequately addresses the challenges
Leave the PSUs alone for now
Government sell-off is a stimulus for itself and might not work at this juncture
Bank of Baroda to advance Rs 12,000 crore to MSMEs under govt scheme
Under the scheme, the government will offer 100 per cent guarantee on loans.
 "Bank of Baroda to advance Rs 12,000 crore to MSMEs under govt scheme")
Don't fear CBI, CVC, CAG; extend loan to eligible borrowers: FM to bankers
In case of default, the individual bank or official will be hauled up, she said in a conversation with BJP leader Nalin Kohli uploaded on the party's social media platforms
Railways draws plan to transport 4.6 million migrants in 10 days
As many as 3.6 million people taken to their homes in inter-state Shramik Special trains
 "Railways draws plan to transport 4.6 million migrants in 10 days")
Additional Rs 40,000 cr allocated for MGNREGS to help migrants, says FM
Also, public expenditure on health will be increased, she said without giving details. Investments in grassroot health institutions to be ramped up
 "Additional Rs 40,000 cr allocated for MGNREGS to help migrants, says FM")
