Going ahead, the government could design specific schemes to help MSMEs modernise technology and obtain quality certification
The assurance given by the finance minister that benefits given to MSMEs will not be withdrawn if they grow in size may solve this problem to an extent
The fifth and last set of measures focuses on MGNREGA, health and education (rural and urban), businesses, decriminalisation of Companies Act, etc
Policy predictability and an unambiguous long-term blueprint are essential for private investors
Plans will cover farmers, MSME, street vendors, among others; state seeks to attain self-reliance on the basis of these plans to be drafted under the aegis of central package announced by PM Modi
The real concern is whether some of the relief measures announced on May 13 and 14 will actually materialise
Here's a selection of Business Standard opinion pieces of the day
Only PSUs can raise money cheaply today since it is assumed that the government won't let them default
The second package focuses mostly on support to businesses, especially MSMEs
KSIDC will offer a moratorium on loans and interest to all operating units for three months without penal interest. The Corporation will also offer loans above Rs 50 lakh to MSMEs
On the sectoral front, barring FMCG and pharma, all the indices on the NSE traded weak. Global cues, too, dented sentiment
Govt measures will also help to kick-start financial activity during the pandemic, says TVS Motor chairman
A lab experiment suggests cats can spread the new coronavirus to other cats without any of them ever having symptoms
More important in the contract for the government of India supply upto 200 crore, MSME will also be allowed to compete, said Prasad.
A total of 18 companies including Biocon, Escorts, and Manappuram Finance are scheduled to announce their results today
Here are the top 10 business headlines of the day
Rs 20 trillion fiscal package and the promise of Rs 100 trillion infra investment by 2024
Rs 6-trn stimulus includes Rs 3 trn of collateral-free loans; Rs 30,000-crore special liquidity scheme for NBFCs, HFCs, MFIs
Addressing a virtual conference organized by All India Management Association (AIMA), the CEA said the economy will witness a V-shaped recovery
Govt announces 10,000 crore fund of funds for MSMEs to grow, cancels global tenders below Rs 200 crore