Micro Small And Medium Enterprises Msmes
Business  /  Published 13.11.20

Credit support scope widened

The government has extended the Rs 3-lakh-crore emergency credit line guarantee scheme (ECLGS) till March 31, 2021 and has also widended the scope of the scheme to include mid-sized companies in the 2...
By R. Suryamurthy in New Delhi

India  /  Published 12.11.20

FM rolls out Diwali bonuses

In an attempt to spark pre-Diwali cheer, finance minister Nirmala Sitharaman delivered Thursday a third round of stimulus measures to help revive the Covid-devastated economy along with an upbeat asse...
By Paran Balakrishnan in New Delhi

Business  /  Published 03.11.20

MSME loan extension

The government on Monday decided to extend the Emergency Credit Line Guarantee Scheme for MSMEs by one month till November 30 as the scheme has failed to meet the target to disburse Rs 3 lakh crore. ...
By Our Special Correspondent in New Delhi

Business  /  Published 15.10.20

SC ultimatum to govt on interest waiver

The Supreme Court on Wednesday directed a reluctant Centre to issue by November 2 the circular on compound interest waivers relating to the moratorium on loans offered by banks till August 31. The be...
By Our Legal Correspondent in New Delhi

Business  /  Published 21.09.20

Pandemic pool for MSME wage cover

An insurance panel has proposed the creation of a pandemic pool and a policy shield to protect the wages of individuals working in micro, small and medium enterprises (MSMEs).  Business interrupt...
By A Staff Reporter in Calcutta

Opinion  /  Published 15.09.20

Tumbling down: Slump in the GDP

The -23.9 per cent shrinkage in the April-June GDP is not a surprise as nearly half the period witnessed a national lockdown. It’s also not surprising that this loss is the world’s steepes...
By Renu Kohli in

Business  /  Published 19.08.20

PwC lists 10 macro steps that can aid economic revival

PricewaterhouseCoopers India has listed 10 macro steps that can aid economic revival along with the downside risks in a research report released on Tuesday. The macro steps include investment towards...
By A Staff Reporter in Calcutta

Business  /  Published 09.08.20

Duty shield for MSMEs

Union minister Nitin Gadkari on Saturday  said the government would consider increasing duties on sectors that are heavily dependent on imports to encourage domestic industry, especially MSMEs. ...
By Our Special Correspondent in New Delhi

Business  /  Published 07.08.20

Seal on debt recast

The RBI on Thursday conceded to a major demand of banks labouring under the burden of a moratorium scheme and announced a one-time loan restructuring mechanism. This facility will be available to adv...
By Our Special Correspondent in Mumbai

Business  /  Published 20.07.20

Bandhan Bank bets on surge in small loans

Bandhan Bank could see a 15-20 per cent growth in advances in this fiscal backed by an uptick in small-ticket microcredit and MSME loan demand, particularly in the rural sector. This is in contrast to...
By Pinak Ghosh in Calcutta


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