It has suggested that the surplus funds of ESIC (Employees State Insurance Corporation) should be used for providing wage support measures/stimulus packages for the employees.
Borrowers that are individuals and micro, small and medium enterprises (MSMEs) having an aggregate exposure of up to Rs 25 crore would be considered for the new scheme.
Aviation sector was affected because of Covid restrictions on the movement of international flights was still on, but the condition is favourable for the aerospace sector here, said Industries Minister
First-of-its-kind initiative will take into consideration various factors that are likely to induce stress in a unit to help the sector hit by pandemic
The Finance Minister began her Budget speech at 11 a.m. for the third time in the National Democratic Alliance (NDA) government led by Prime Minister Modi.
In a tweet after the Budget, he said, "Forget putting cash in the hands of people, Modi Govt plans to handover India's assets to his crony capitalist friends."