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GTRI flags slow progress in payment of sops under PLI schemes

The Rs 4,415 crore disbursement is only 2.25 per cent of the total outlay of Rs 1.97 lakh crore of incentives over five years under the PLI schemes announced in 2020, the Global Trade Research Initiative (GTRI) said on Sunday. "This slow fund spend is unsurprising, considering that setting up greenfield or new manufacturing operations takes time," it said. "PLI criteria for various sectors include thresholds on investments, production, sales, degree of localization, inputs used and many more. Manufacturers may not be able to tick on all boxes," GTRI Co-Founder Ajay Srivastava said. ....

Ajay Srivastava , Global Trade Research Initiative , Department Of Commerce , Services Tax , Founder Ajay Srivastava , Pli Schemes , Domestic Manufacturing , Slow Progress , Think Tank ,

Disbursement of public funds in 2023 meets 93.12 per cent of target

More than 662.59 trillion VND (27.14 billion USD) of public capital allocated for 2023 was disbursed as of January 31, fulfilling 93.12 per cent of the Prime Minister’s assigned plan, according to the Ministry of Finance. ....

Han I , Republic Of , Vinh Phuc , Quang Ngai , Qu Ng Ngãvm , Vung Tau , Bàa Vung Tàvm , Vietnam Television , Vietnam National Tobacco Corporation , Vietnam Journalists Association , Stock Commercial Bank , Development Of Vietnam , Prime Minister , State Bank , Joint Stock Commercial Bank , Dong Thap , Public Capital ,

Disbursement of public funds in 2023 meets 93.12% of target

More than 662.59 trillion VND (27.14 billion USD) of public capital allocated for 2023 was disbursed as of January 31, fulfilling 93.12% of the Prime Minister’s assigned plan, according to the Ministry of Finance. ....

Quang Ngai , Qu Ng Ngãvm , Republic Of , Vinh Phuc , Han I , Vung Tau , Bàa Vung Tàvm , Development Of Vietnam , Vietnam National Tobacco Corporation , Vietnam Television , Stock Commercial Bank , Vietnam Journalists Association , State Bank , Joint Stock Commercial Bank , Dong Thap , Public Capital ,

Retailers call for lower MDR on card purchases to bring down business costs

PETALING JAYA: Retailers are calling for a lower merchant discount rate (MDR) for card purchases to lower business costs in view of the impending increase in taxes. ....

Malaysia General , Ameer Ali , Datuk Ameer Ali Mydin , Medium Enterprises Association Of Malaysia Samenta , Malaysia Retailers Association , Mydin Mohamed Holdings Bhd , Bank Negara , Retailers Association , Medium Enterprises Association , Merchant Discount Rate , Credit Purchase , Credit Card , Debit Card , Charge Card ,

Poonawalla Fincorp: What were the drivers for Poonawalla Fincorp's best ever performance? Abhay Bhutada answers

Abhay Bhutada, MD of Poonawalla Fincorp, discusses the company s growth strategy and outlook. He highlights the consistent performance in disbursement and asset under management (AUM) growth over the last eight quarters. Bhutada emphasizes the focus on achieving asset quality, maintaining profitability, and sticking to the guidance of 35-40% AUM growth. He further discusses the company s low leverage, low cost of borrowing, and capital adequacy. ....

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