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UP govt has provided 2 64 crore jobs in 4 5 years: Sidharth

UP govt has provided 2 64 crore jobs in 4 5 years: Sidharth
laosnews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from laosnews.net Daily Mail and Mail on Sunday newspapers.

United kingdomNew delhiUttar pradeshSouth koreaNavneet sehgalSiddharth nath singhSidharth nath singhPvt ltdHiranandani groupUttar pradesh cabinet ministerMicro smallMedium entreprisesAdditional chief secretaryExport promotionVillage industryEmergency credit line guarantee scheme

Why Modi needs to act on the economy now

Why Modi needs to act on the economy now
indiatoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatoday.in Daily Mail and Mail on Sunday newspapers.

United statesNirmala sitharamanAmit shahNarendra modiJyotiraditya scindiaPaolo gentiloniMinistry of cooperativesEuropean unionMedium enterprisesPrime minister narendra modiHome minister amit shahRefinitiv ipsos primary consumer sentiment indexFinance minister nirmala sitharamanDow jones industrial averageNomura india business resumption indexState bank

Another stimulus shot to lift Covid-battered economy

Express News Service NEW DELHI: The finance ministry on Monday announced a slew of measures to help the Covid-battered economy, including fresh credit for MSMEs, and targeted support to the healthcare and tourism sectors. The package includes Rs 1.10 lakh crore of credit guarantee scheme, of which Rs 50,000 crore will be for the healthcare sector, with a three-year single loan of up to Rs 100 crore carrying an interest of 7.95%. Loans to other sectors such as tourism and hospitality would come at 8.25% per annum interest rate. Special support was given to the hospitality sector in the form of retail loan worth Rs 10 lakh to travel agencies and Rs 1 lakh loan for registered tourist guides.

Nirmala sitharamanAnuradha shuklaAditi nayarSiddharth sanyalAatmanirbhar bharat rozgar yojanaBandhan bankNews serviceMinister nirmala sitharamanEmergency credit line guarantee schemeஅனுராதா சுக்லாசித்தார்த் சன்யால்பந்தன் வங்கிசெய்தி சேவைஅவசரம் கடன் வரி உத்தரவாதம் திட்டம்

Addressing delayed payments to MSMEs

With more than 30% contribution to the total Gross Value Added, one-third stake in the country’s total manufacturing Gross Value of Output and a workforce of more than 11 crore people, nothing about the Micro, Small and Medium sector in India’s economy seems micro, small or medium. The 73rd round of NSSO found 633.88 lakh unincorporated non-agriculture MSMEs in India engaged in different economic activities. However, total MSME registrations under the government-notified Udyog Aadhaar Memorandum (UAM) was only 1.02 crore. The UAM was replaced on 1 July 2020 by Udyam Registration, which is more simplified and free of cost. Till 31 March 2021, only 26.42 lakh MSMEs had registered on the Udyam registration portal. Hence, the majority of MSMEs still remain outside the purview of the organised sector and the ambit of the myriad Central and state government schemes meant for supporting them.

Atmanirbhar bharatNitisha mannSmall enterprise facilitation councilSmall medium enterprisesMedium enterprise developmentMses micro small enterprisesGross value addedGross valueUdyog aadhaar memorandumUdyam registrationSmall enterprisesMedium enterprisesDelayed payment portalEmergency credit line guarantee schemeசிறிய நிறுவன வசதி சபைசிறிய நடுத்தர நிறுவனங்கள்

It s time to focus on ease of doing small business

It’s time to focus on ease of doing ‘small’ business SECTIONS It’s time to focus on ease of doing ‘small’ businessBy Varad Pande & Joseph Sebastian, ET CONTRIBUTORS Last Updated: Jul 10, 2021, 10:28 AM IST Share Synopsis Systemic bottlenecks and red tape, lack of affordable credit, inefficient supply chains and weak access to markets have stymied the MSME sector for decades iStock This is the moment when governments should enable end-to-end digital platforms to enable smoother compliance and access to government schemes For over 110 million people in India involved in the MSME sector, the last 12 months have been a veritable nightmare. The pandemic-induced disruption in demand, credit availability and labour supply has been a pincer movement that has devastated the financial health of many MSMEs. Surveys estimate that 82% of MSMEs were negatively impacted by the first wave of the pandemic, and 25-40% of them could shut shop. The second wave will probably make the

Banking finance companies nbfcsWorld bankEmergency credit line guarantee schemeNon banking finance companiesChief ministerChief secretaryஉலகம் வங்கிஅவசரம் கடன் வரி உத்தரவாதம் திட்டம்அல்லாத வங்கி நிதி நிறுவனங்கள்தலைமை அமைச்சர்தலைமை செயலாளர்