Hyderabad: The Finance Minister also announced that the Emergency Credit Line Guarantee Scheme (ECLGS) will be extended to cover the next fiscal as well, with expanded guarantee cover of Rs 5 lakh crore. This will help the MSMEs that have been hit by the pandemic, said Mahesh Desai, Chairman of Engineering Export Promotion Council. The […]
Hyderabad: The Union Budget 2022-23 focuses on a long-term plan for the country with digitisation, urban development, and sustainability at its core. For the real estate sector, the budget placed an outlay of Rs 48,000 crores under the Pradhan Mantri Awas Yojana, and construction of 80 lakh homes will facilitate affordable housing. Real estate sector […]
By B Yerram Raju In the context of the stress faced by the justice dispensing system for several reasons, chief of them being the huge pendency of cases, the Government of India thought it expedient to provide a new forum and procedure for resolving international and domestic commercial disputes quickly culminating in setting up of […]
Though the latest data suggests that India’s GDP grew 8.4% in the July-September quarter— no doubt an encouraging performance given the gloomy predictions earlier — it is still premature for any celebrations. The economy is still reeling under the impact of the devastating pandemic and the worst is not yet over, a fact borne out […]
By Mahitha Lingala Telangana has moved ahead a significant distance from growing at 2.7% in the undivided State to 13.3% in mere six years after bifurcation, a rate which is higher than the national average. Its Industrial Policy introduced in 2015 contributed immensely to this surge bringing in over Rs 1.4 lakh crore. IT exports […]
Hyderabad: Small Industries Development Bank of India (SIDBI) has entered into a collaboration with Google for having a social impact lending programme with financial assistance up to Rs 1 crore at competitive interest rates targeted at micro enterprises, under a Rs 110-crore ($15 million) corpus fund. This corpus fund has been brought as a crisis […]
DIY capability of the product allows small business owners to integrate digital technologies into their day-to-day operations without the need of any prior expertise, making it easy to adopt
Last financial year, TRICOR approached TIHCL for viability assessment of 26 distressed enterprises, which suffered financial and other constraints, especially in the wake of pandemic
