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…