Unveiling the fourth tranche of the Rs 20 lakh crore stimulus package, Nirmala Sitharaman said there is sub-optimal performance of power distribution and supply in the country.
As with the number of cases, most people seem to be underestimating the economic impact of Covid-19, such as forecasters fiddling with positive growth numbers.
Govt’s 100% sovereign guarantee for uncollateralised MSME loans will encourage borrowers to never pay back, discourage banks from lending to them in future.
Support measures in the Rs 6 lakh crore package are in form of credit guarantees and improving liquidity, will not lead to substantial cash outgo for govt.
The scheme will supplement the RBI and govt measures to augment liquidity by providing guarantee to investment grade securities, the Finance Minister said.
The measures announced Wednesday as part of the Rs-20 lakh crore package will support both healthy and stressed MSMEs, and address liquidity woes of NBFCs.
In a video message, Nadda said the package will not merely fight the impact of Covid-19 on the economy but also empower the country and make it self-reliant.
Assam CM can’t celebrate that the Congress drew a blank in the Bodoland Territorial Council polls in 2010 as well as 2015, and bagged only one in 2020.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
In post on social media, Cooper narrated experience of MiG-21 researcher from Germany who wanted to attend aircraft’s farewell ceremony in India, and the roadblocks he faced.
What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.
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