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The scheme will apply to all domestic contractual disputes where one of the parties is either the Government of India or an organisation operating under its control. ....
The demand of exporters for issuing faster visas for technicians and engineers from China who are required to visit India to set up factories or machinery here, will be taken up with the relevant ministry for faster resolution, according to report. ....
In cases of failure by MSMEs to execute contracts during the COVID period, 95 per cent of the forfeited amount relating to bid or performance security will be returned to them by the government. ....
As per the Union Budget 2023-24, the government will return 95 per cent of the forfeited amount related to the bid or performance security in case of a failure by a MSME to execute contracts during the COVID-19 period. ....