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Centre should provide MSMEs wage protection assistance, credit guarantee f
Updated : 5 years, 11 months ago IST
New Delhi [India], April 29 (ANI): Congress leader and former Union Finance Minister P Chidambaram on Wednesday said that the Centre should provide two funds of Rs 1 lakh crore each for wage protection assistance and credit guarantee fund to MSME sector to help them tide over the COVID-19 cr
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Shiv Sena seeks financial package for states to tide over COVID-19 crisis
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 28 (ANI): The Shiv Sena on Tuesday demanded that the Centre declare a financial package for states from 10 per cent of the country's GDP like several western countries to deal with the situation arising out of COVID-19 lockdown.
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IRB Infrastructure board approves fund raising of Rs 2,500 crore to tide o
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr 27 (ANI): The board of directors at IRB Infrastructure Developers Ltd has approved fund raising of up to Rs 2,500 crore to meet ongoing and planned capex requirements besides cash flow mismatches as well as for general corporate purposes in wake of COVID-19
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Unemployment likely to rise, imperative to provide Rs 7,500 to each family
Updated : 5 years, 11 months ago IST
New Delhi [India], April 23 (ANI): Asserting that 12 crore people have lost their jobs in the first phase of the lockdown, Congress interim president Sonia Gandhi on Thursday said that it is imperative for the government to provide them with immediate financial assistance to each family t
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30 pc salary cut of Kerala govt staff in next five months, says CM Vijayan
Updated : 5 years, 11 months ago IST
Thiruvananthapuram (Kerala) [India], April 23 (ANI): Kerala Chief Minister Pinarayi Vijayan on Wednesday announced that all elected representatives in the state will take a 30 per cent cut in their monthly salary and honorarium for one year to help it tide over the COVID-19-induced financial
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Govt to create 'Fund of Funds' for MSMEs to tide over COVID-19 crisis: Gad
Updated : 5 years, 11 months ago IST
New Delhi [India], Apr 17 (ANI): The government will soon approve a 'Fund of Funds' to buy up to 15 per cent of equity in mirco, small and medium enterprises (MSMEs) with high credit rating if they raise money from capital markets, Union Minister Nitin Gadkari said on Friday.
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DK Shivakumar targets PM Modi over no relief package to revive sliding eco
Updated : 5 years, 11 months ago IST
Bengaluru (Karnataka) [India], April 14 (ANI): While welcoming the Centre's decision to extend the nationwide lockdown till May 3 in view of coronavirus spread in the country, Karnataka Congress President DK Shivakumar on Tuesday criticised Prime Minister Narendra Modi for not announcing any
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Auto dealers see massive layoffs amid coronavirus lockdown, call for fisca
Updated : 5 years, 11 months ago IST
New Delhi [India], April 13 (ANI): The Federation of Automobile Dealers Associations (FADA) on Monday called for a substantial reduction in Goods and Services Tax (GST) and a series of fiscal concessions to tide over the economic impact of coronavirus epidemic and subsequent lockdown.
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COVID-19: Kerala govt requests Centre for permission to issue Pandemic Rel
Updated : 5 years, 11 months ago IST
Thiruvananthapuram (Kerala) [India], April 9 (ANI): With aim to tide over the economic situation arising in the backdrop of COVID-19 pandemic, the Kerala Government has requested the Centre to grant permission to state governments to issue special Pandemic Relief Bonds.
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CII calls for 2 pc of GDP in fiscal support package to tide over COVID-19
Updated : 5 years, 11 months ago IST
New Delhi [India], April 8 (ANI): The Confederation of Indian Industry (CII) has called for a fiscal support package during the current financial year 2020-21 limited to two per cent of the gross domestic product (GDP) in addition to the Rs 1.7 lakh crore provided under the Pradhan Mantri Ga
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Equity indices jump on Rs 1.7 lakh crore stimulus package to tide over COV
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 26 (ANI): Equity benchmark indices closed over 4 per cent higher on Thursday as Finance Minister Nirmala Sithamran announced a Rs 1.7 lakh crore stimulus package to provide various relief measures for the poor amid downturn caused by the coronavirus outbreak
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Govt hikes MGNREGA wages to help poor tide over lockdown
Updated : 6 years ago IST
New Delhi [India], Mar 26 (ANI): Union Finance Minister Nirmala Sitharaman on Thursday announced a wage increase under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) amid the lockdown due to the coronavirus crisis in the country.
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