Page 27 - Msmes

Coronavirus impact: Confusion, despair grip MSME cluster in Okhla

A sense of hopelessness pervades the streets in Delhi's Okhla, with row of parked trucks and an ominous silence

States want up to Rs 10-trn package from Centre, deficit financing from RBI

Last month, Union Finance Minister Nirmala Sitharaman had announced a Rs 1.70 trillion central package

Under pressure from states, Centre considering extension of lockdown

States fear lifting curbs will worsen Covid situation

Only consumer goods may see green shoots amid coronavirus pandemic

The Covid-19 impact on various sectors of the Indian economy would depend on the longevity of the outbreak and the lockdown. Except for essentials in the consumer goods, most sectors would be impacted

Karnataka exempts aerospace and defence firms from Covid-19 lockdown

Indian aerospace and defence firms believe that uninterrupted and timely supply remains critical for their credibility

ILO welcomes G20 leaders' commitment to overcome coronavirus challenges

Ryder joined the G20 Extraordinary Leaders' Summit on Covid-19 via video link, which was hosted by Saudi Arabia

Covid-19 relief: FM announces Rs 1.7 trn plan for poor, migrant workers

Package announced includes both food security and cash transfer components

Coronavirus lockdown set to cost India $120 bn, forecast brokerages

Experts suggest a rate cut along with loan forbearance and a special liquidity window for banks and NBFCs

Coronavirus lockdown: Rs 60k-crore income support plan for poor in works

The scheme could mean transferring Rs 5,000-6,000 into the bank accounts of 80-100 million poor families, Business Standard has learnt

Letter to BS: SMEs need govt's large-heartedness to survive pandemic

With the 21 days complete lockdown announced by the prime minister, the outbreak will hopefully subside but the economic impact will be far more damaging and lasting

Covid-19 impact: MSMEs require support to survive, says industry expert

Over 22% of the over 75 Million MSME's units in India will be shut if the lockdown in cities extends beyond 4 weeks and a staggering 43% will shut shop if the panic extends beyond 8 weeks

Digital architectures expanding reach of credit to MSMEs: RBI Governor

"The need is to have a right set of policies and enabling framework which guide and support MSMEs to effectively handle their existing problems and venture into new areas," Das said

Par panel recommends creation of market intelligence cell for MSMEs

The panel also proposed multiple registrations with several government agencies for various purposes should be done away with for MSMEs

Banks to lend Rs 1.85 trn to housing, auto, MSMEs in next 6 months

The recently conducted Long Term Repo Operations (LTRO) by RBI are aimed at providing additional durable liquidity to the Banking Sector

UP set up 346,000 new MSME units in 3 years; state aims to boost sector

MSMEs account for 80% of UP's exports at Rs 1.14 trillion

Explained in 3 charts: Environment remains challenging for NBFCs, MSMEs

RBI has announced an extension of the one-time restructuring scheme for MSMEs

Big e-commerce meets small business: A balancing act for Amazon, Flipkart

As trader groups cry foul against them, Amazon and Flipkart learn to do business with small business

MP provides legal backing to time-bound clearance to industrial licences

The new law will be applicable to greenfield industrial projects under Information Technology, Tourism, MSME and Industries categories

Flipkart aims to penetrate tier 2 cities; to focus more on value than speed

Flipkart is of the view that this differentiator will work in its favour to grow its business further

Dec quarter shows much-needed improvement in asset quality for PSU banks

Slippages ratio for FY20 pegged at 3.5 per cent a tad lower than previous year's 3.7 per cent, but MSMEs, agri and retail are segments that could see fresh stress