Page-2 of MSMEs
Scheme with Guarantee Cover worth Rs 20,000 Crore launched for MSMEs
This scheme was announced as a part of the AtmaNirbhar Bharat Package by Finance Minister back on 13th May 2020. On 24th June 2020, the Credit Guarantee Scheme for Sub-ordinate Debt (CGSSD) was launched. The scheme is also called as ..
Month: Current Affairs - June, 2020
RBI extends deadline for restructuring MSME borrower accounts
In the recent Monetary policy committee statement released by the Reserve Bank of India, it extended the deadline for one-time restructuring of GST-registered MSME borrower account, by further one year to March 31, 2021. The restructuring was to be implemented ..
BEL and HAL organised Roadshow in the run-up to the 11th Edition of DefExpo
Defence Public Sector Undertakings (PSUs), Hindustan Aeronautical Limited (HAL) and Bharat Electronics Limited (BEL) organised a roadshow in New Delhi on Monday, December 16th, to urge vendors, MSMEs, Startups and the Private sectors based in the National Capital Region, Delhi-NCR ..
9th BRICS Trade Ministers Meet held in Brazil
The 9th BRICS Trade Ministers Meet was held in Brasilia, Brazil. It was attended by Union Minister Commerce and Industry Piyush Goyal, during which he deliberated on global economic climate with his counterparts from other member nations. Key Deliberations at ..
Month: Current Affairs - November, 2019
Recommendations of U K Sinha Committee
The Reserve Bank of India (RBI) had constituted an Expert Committee on Micro, Small and Medium Enterprises under the chairmanship U K Sinha to suggest long-term measures for the economic and financial sustainability of the MSME sector. Recommendations of the ..
Important decisions of the GST council meet
The GST Council meeting on January 10 has taken the following important decisions: The exemption limit for Goods and Services Tax (GST) registration has been increased to Rs 40 lakh from the current Rs 20 lakh to ease the cost ..