With the implementation of the PLI scheme, the government hopes to have incremental production of Rs 2,44,200 crore in the sector, exports worth Rs 1,95,360 crore, 40,000 new jobs, and Rs 17,000 worth of tax revenue in the coming five years

Union Budget 2021 MSME sector expectations: As part of the Centre's ECLGS programme which is valid until March 21, 2021, the Centre has already sanctioned 71.3 per cent of the Rs 3 lakh crore emergency credit to the badly affected MSMEs and businesses as of January 8, 2021

Union Budget 2021 Highlights: Congress leader P. Chidambaram said that the government had only marginally raised health funding, which when adjusted to inflation becomes nil

Last month, the Cabinet approved the PLI scheme for 10 key sectors, including telecom, automobiles and pharmaceuticals to give an impetus to the manufacturing industry

The Central Board of Direct Taxes (CBDT) has issued refunds of over Rs 1,45,619 crore to more than 89.29 lakh taxpayers between April 1 and December 8.

FM Nirmala Sitharaman Press Conference Live: FM Sitharaman's announced several stimulus measures to revive the ecomony on Thursday, November 12. Among several of them, she announced new subsidies for employers and employees under the Atmanirbhar Bharat Rozgar Yojana Subsidy

The latest numbers on ECLGS, as released by the finance ministry, comprise disbursements by all 12 public sector banks (PSBs), 24 private sector banks and 31 non-banking financial companies (NBFCs)

However, disbursements against this stood at Rs 1,05,926 lakh crore till August 24. The scheme is the biggest fiscal component of the Rs 20-lakh crore Aatmanirbhar Bharat Abhiyan packag

Kumar, a retired 1984 batch IAS officer from Jharkhand cadre, has a 30-year-long career behind him with experience in public policy and administration across sectors

The virtual ceremony was attended by Minister of State for the Development of North Eastern Region Jitendra Singh, Minister of State for Road Transport and Highways V K Singh, Manipur Chief Minister N Biren Singh and Manipur cabinet ministers, among others

Sitharaman, in a conversation with Hero Enterprise Chairman Sunil Kant Munjal, said the government as part of the Aatmanirbhar Bharat package had announced opening up of all sectors for private participation

The loan amounts sanctioned by public sector banks stood at Rs 70,894.59 crore, of which Rs 45,797.29 crore has been disbursed as of July 20, says finance ministry

Public sector banks sanctioned Rs 65,863.63 crore to 32,00,430 account holders, of which Rs 35,575.48 crore have already been disbursed; private sector banks sanctioned loans worth Rs 48,638.96 crore to 4,28,014 account holders, of which Rs 20,515.7 crore have already been disbursed

For fresh investment, Odisha has charted out plans and identified various sectors such as metal and mining in which it has inherent strength. The state is targetting specific types of companies for investment

The Animal Husbandry Infrastructure Development Fund (AHIDF) was approved in the Cabinet meeting, chaired by Prime Minister Narendra Modi

Nirmala Sitharaman on Monday that the total amount sanctioned under the 100% Emergency Credit Line Guarantee Scheme by PSBs and private banks stands at Rs 75,426.39 crore, out of which Rs 32,894.86 crore has already been disbursed

The scheme is applicable to all loans sanctioned under GECL facility during the period from the date of announcement of the scheme to October 31 or till an amount of Rs 3 lakh crore is sanctioned under GECL, whichever is earlier

This, however, will not apply to defaults committed before March 25, when a nationwide lockdown was imposed by the Centre to check the spread of coronavirus

Federation of Indian Micro and Small & Medium Enterprises (FISME) and SME Chamber of India have received complaints from its members about some of the banks making things complicated for struggling small firms

This will be applicable for NPAs (non-performing assets) after March 25, with a provision to extend up to one year