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Could government-run GeM be a candidate for listing on Indian bourses?

Most entrepreneurs at risk if MCO continues

Entrepreneur Development and Cooperative (MEDAC).minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar the findings of two online survey conducted in March 2021 were very worrying. MORE than 90% of micro, small, medium and informal enterprises would be risking business closure if the movement control order (MCO) continues to be implemented, says the Ministry of Entrepreneur Development and Cooperative (MEDAC). As such, its minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar says the ministry will continue to undertake intervention measures under the Entrepreneur and Cooperative Recovery Plan, and offer financing assistance and targeted moratorium to help the entrepreneurs in facing the impact from the MCO.

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DoT announces guidelines for PLI scheme for telecom, networking equipment

Govt announces Rs 12,195-crore PLI Scheme for telecom & Networking equipment, important dates and how to apply

Highlights Applications from June 4. Last date for application is July 3 2021. New Delhi: The Telecom Department has announced Operational Guidelines for PLI Scheme for telecom & Networking equipment worth Rs 12,195 crore with an aim  to make India a global manufacturing hub for telecom and networking products. “The PLI Scheme will be implemented within the overall financial limits of Rs  12,195 Crores only (Rupees Twelve Thousand One Hundred and Ninety-Five Crore only) for implementation of the Scheme over a period of 5 years. For MSME category, financial allocation will be Rs 1000 Crores,” said an official statement. The Telecom department has invited applications under the scheme starting from June 4. Applicants can register for the Scheme from 4th June 2021 at https://www.pli-telecom.udyamimitra.in. Application window will be open up to July 3 2021.

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