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5 questions about Government’s Rs 3 lakh crore MSME collateral-free mortgage...

One of the big announcements made by Union finance minister, Nirmala Sitharaman during her first press conference to explain the details of Rs20 lakh crore Covid-19 economic package was the Rs 3 lakh crore collateral-free loan scheme for  micro, small and medium enterprises (MSMEs).Unsurprisingly, the announcement cheered small firms. According to this scheme, the government will offer…

Government unleashes long-pending reforms to overtake farming

NEW DELHI: The Centre on Friday unleashed three crucial, long-pending reforms to reshape the architecture of farmer-market ties, allowing them to sell their produce without any restrictions, and also unveiled a Rs 1 lakh crore fund to build agri infrastructure to raise productivity and make the sector globally competitive. Finance minister Nirmala Sitharaman announced the…

Authorities Declares PF Advantages, Procure Home Salaries To Cancel greater

For state-run firms, the employer contribution will remain at 12%. To provide more take home salary for employees and to give relief to employers, the EPF or Employee Provident Fund contribution is being reduced for businesses and workers for three months, the government said today. This will amount to a liquidity support of Rs 6,750…

Executive space to be sure as much as Rs 3 lakh...

NEW DELHI: The government’s much-awaited stimulus for micro, small and medium-sized businesses is expected to include a provision for additional loans of up to Rs 3 lakh crore or 20% of the bank exposure to the sector, along with a more liberal dispensation for government contracts. In addition, more funding for Mudra loans, meant for…

Maharashtra Authorities To Allow Dwelling Transport Of Liquor Amid Lockdown

The purpose is to avoid crowding at liquor stores, an official said. (File)Mumbai: The Maharashtra government has allowed home delivery of liquor to avoid crowding at shops. However, the order, issued by the Home Department, will come into effect only after guidelines are finalised, said a senior official.Only those who have permit for drinking can…

Tamil Nadu authorities announces record of outlets allowed to purpose from...

The Tamil Nadu government on Sunday announced a list of standalone shops that can operate from May 11, as part of the relaxations from the COVID-19 lockdown.The government has asked these establishments not to operate air conditioners, ensure that customers maintain physical distancing and use hand sanitisers. It has asked the authorities to ensure that…

Delhi Authorities Imposing 70% ‘Coronavirus Tax’ on Liquor has Impressed 100%...

Image for representation. The decision which has been both criticized and lauded by experts on the revenue and whether this is the best way to handle the long queues outside shops, the news has also inspired memes. News18.com Last Updated: May 5, 2020, 10:56 AM IST Share this: It's every alcoholic's worst nightmare - paying…

Delhi authorities permits self-employed workers, RWAs are wary

Delhi chief minister Arvind Kejriwal on Sunday said that his government was allowing self-employed people including domestic help, those involved in laundry services, technicians, electricians and plumbers to operate in the national capital from Monday, when the third phase of the national lockdown over the coronavirus disease (Covid-19) kicks in with considerable relaxations.The Delhi government…

DA hike for presidency workers, pensioners put on care for till...

The government, via an office memorandum today, announced its decision to put on hold the hike in dearness allowance (DA) for the year. (In March, the union cabinet had approved an increase of 4 per cent in DA to 21 per cent.) Central government employees and pensioners will now continue to receive DA at current…

Covid-19: How unsuitable info and Modi government messaging fuelled India’s most...

In Defence Colony – a lush, tony locality primarily built for retired defence personnel in the heart of prosperous South Delhi – a Muslim security guard was blamed when his employers, three of a family, tested positive for the novel coronavirus in the first week of April.Two days later, on April 8, the family filed…

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