November News Letter

Uttar Pradesh Govt Committed to Provide assistance to MSME For Development

On 3 Dec,2020 Uttar Pradesh Goverment committed to providing all necessary assistance for development of (MSME) and traditional craftsmen as they form the base for realising the dream of a self-reliant India, an official release said here.There should be no scarcity of capital for youths who want to start a new venture, and loans are being provided to entrepreneurs as per their requirements, the chief minister said. Read More

Hdfc Bank, ICICI Join hands to support SMEs, start-ups

ICCI Bank to support SMEs (small and medium enterprises) and start-ups, has signed an MoU with HDFC Bank.According to the official release, through this association, Read More

Nov, 25 2020

Court Direct Centres to Execute Plan to forgo interest on MSME & other seven Categories of loans,

The eight categories of loans are MSME, Education, Housing, Consumer durable, Credit card, Automobile, Personal, and Consumption.On 27 Nov,2020 The Court directed, government to ensure that all steps be taken to implement its decision to forego interest on eight specified categories of loans paid up to ₹ 2 crore in view of the coronavirus pandemic Read More 27 Nov,2020

Govt of India Extend Credit Guarantee Scheme to cover 26 stressed Sectors

The Government of India extended the scope of  Credit Guarantee by raising upper debt limit to include 26 worst hit Sectors to revive companies post lockdown and protect employment. Read More Nov 26, 2020

2.65 lakhs crore stimulus package

The Government of India offered a ₹2.65-lakh-crore healing touch to various stressed sectors and individuals under Atmanirbhar Bharat 3.0 stimulus package. Read More

Nov 14,2020