The uncertainty about Covid's spread has made businesses and consumers jittery and unsure. There seems to be neither capacity nor appetite for consumption -- and in the absence of demand, industry has little incentive to ramp up production.
Atmanirbhar Bharat Abhiyan: There is no sure way of knowing how much the government will spend at the end of this financial year, but most calculations suggest that far from the promised 10% of GDP, the actual government expenditure in the Atmanirbhar package is just 1%.
Credit guarantees to MSMEs: In the latest tranche of Atmanirbhar Bharat Abhiyan package, the key thrust is a huge increase in credit guarantees to MSMEs. How do such guarantees work, and how is the move expected to help MSMEs?
Prime Minister Narendra Modi announced the Atma-nirbhar Bharat Abhiyan (or Self-reliant India Mission) and said that in the days to come his government would unveil the details of an economic package — worth Rs 20 lakh crore or 10% of India’s GDP in 2019-20 — aimed towards achieving this mission.
Last week, a number of state governments made key changes in the application of labour laws. What are the labour laws in the country, and how can such changes impact firms, their workers, and the economy?
Medium, Small and Micro Enterprises have been the focus of the government’s relief package. What makes them most vulnerable to Covid-19 disruptions? A look at the numbers, problems, possible ways forward.
There are several sectors of the economy such as the micro, small and medium enterprises (MSMEs) that are facing acute shortage of funds especially in the wake of the COVID-19-induced economic disruption.