The planned mechanism announced by the finance minister is likely to bring comfort to these stressed entities that have faced difficulty in engaging existing credit lines to pay dues. Under the new system, banks will conduct credit evaluation of an MSME based on its digital trail and not on the balance sheet
Infra capital expenditure in the Union budget has had tongues wagging, but the problem lies in the lack of understanding how poor India’s poor really are.
In this issue of India Legal (February 15, 2021), our columnist Shivanand Pandit takes a close look at the Budget and what it proposes to do. It is not a wishy washy document. The Modi government has tried to put an honest-to-goodness growth plan in place by announcing “a bold and new-age Budget”
Union Budget 2021 live: Finance Minister Nirmala Sitharaman is presenting Budget 2021 in Parliament, Union Budget 2021-22 Highlights: Expectations are high that the government will boost economic revival by focussing on infrastructure, rural economy, agriculture, healthcare