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Government Reliefs for Industries in India

Government Reliefs for Industries in India

As you are aware, the Indian economy continues to reel from the unprecedented  coronavirus pandemic, the Government of India announced a 20-trillion-rupee (US$266 billion) relief plan for Asia’s third-largest economy. The P.M. of India has gone on record saying “The economic package will give a new momentum to India’s development journey and put India on the road to self-reliance. It is for the cottage, small and medium-scale industries.” The special economic package, equivalent to around 10 per cent of India’s…

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Government Initiatives to Aid Businesses During COVID-19 Lockdown

Government Initiatives to Aid Businesses During COVID-19 Lockdown

The deadly COVID-19 has pushed the world economy into a standstill with many countries ordering complete or partial lockdowns to combat the spread of the disease. India has been on a nationwide lockdown since 25 March and will be entering into its fourth phase in a week. The pandemic has cast its dark shadow on economic activities that have taken a huge hit with discrepancies in production, supply chains and trade. With uncertainty looming over our heads, various sectors of…

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Government Initiatives to Aid Businesses During COVID-19 Lockdown

Government Initiatives to Aid Businesses During COVID-19 Lockdown

The deadly COVID-19 has pushed the world economy into a standstill with many countries ordering complete or partial lockdowns to combat the spread of the disease. India has been on a nationwide lockdown since 25 March and will be entering into its fourth phase in a week. The pandemic has cast its dark shadow on economic activities that have taken a huge hit with discrepancies in production, supply chains and trade. With uncertainty looming over our heads, various sectors of…

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