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The Emergency Credit Line Guarantee Scheme is the biggest fiscal component of the Rs 20-lakh crore Self-Reliant India Mission package announced by the government last year.
YourStory presents this daily roundup of the latest startup news and updates from the Indian startup ecosystem and beyond. Here's the roundup for Friday, May 28, 2021.
“Based on the home state PPoB (principal PoB), sellers can register an ecommerce operators warehouse as an APoB and conduct business,” the body said in a letter to minister of state for finance Anurag Thakur. Industry experts said online sales are now enabling survival opportunities instead of being an additional revenue stream.
Govt should allow MSMEs to do home delivery to help sustain livelihood: FISME SECTIONS Last Updated: May 25, 2021, 10:06 PM IST Share Synopsis It said India is home to about 6.3 crore micro, small and medium enterprises (MSMEs) which form the backbone of the economy and the second wave of the pandemic has adversely impacted the sector. "In a time like this, we request the central and state governments to announce guidelines that will help sustain the livelihood of MSMEs," Federation of Indian Micro and Small & Medium Enterprises (FISME) said in a statement. PTI Industry body FISME on Tuesday ...
Read more about RBI's relief: Hit by second Covid wave, MSMEs call for more support on Business Standard. According to them, measures such as revisiting classification of bad loans and clearing pending dues from government agencies are also required