New Delhi: The finance ministry on Monday said banks have sanctioned over Rs 75,000 crore loans so far under the Rs 3-lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector reeling under stress due to the coronavirus-induced lockdown. However, loans worth Rs 32,894.86 crore are disbursed under the 100 per cent ECLGS for the […]
Read MoreNew Delhi: India will set up a research reactor in PPP mode for the production of medical isotopes, Finance Minister Nirmala Sitharaman said on Saturday. This will produce medical isotopes and make available affordable treatment for cancer and other diseases, she said unveiling the fourth tranche of the economic stimulus package. She said the research […]
Read MoreNew Delhi: Indicating a phased lifting of the current nationwide lockdown, Prime Minister Narendra Modi on Monday asked the Union ministers to prepare a “graded plan” to slowly open departments in non-hotspots of the COVID-19, and work on a war footing to mitigate the adverse impact of the pandemic on country’s economy. India is currently […]
Read MoreNew Delhi: Congress chief Sonia Gandhi wrote to Prime Minister Narendra Modi on Thursday, supporting the lockdown announced in view of the coronavirus (COVID-19) outbreak, while suggesting steps like protecting doctors and seeking deferment of loan recovery. The coronavirus (COVID-19) pandemic sweeping the world had caused serious public health concerns, anguish and apprehensions in India, […]
Read MoreNew Delhi: The government will pay the employee provident fund (EPF) contribution both of the employer and the employee (12 per cent each) for the next three months, Finance Minister Nirmala Sitharaman said on Wednesday. The move will benefit over 4.8 crore employees in the organised sector. The government has also announced a Rs 1.70 […]
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