Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Business leaders seek Rs 1 trillion govt stimulus to revive economy    </title>
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-PTI

Industry leaders met Finance Minister Nirmala Sitharaman in New Delhi for three hours.

Businesses on Thursday asked the government for a stimulus package of over Rs 1 trillion to restart investments and revive the economy.

Industry leaders, who met Finance Minister Nirmala..."/>
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-PTI

Industry leaders met Finance Minister Nirmala Sitharaman in New Delhi for three hours.

Businesses on Thursday asked the government for a stimulus package of over Rs 1 trillion to restart investments and revive the economy.

Industry leaders, who met Finance Minister Nirmala..." />
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                            <div align="justify">-PTI<br /><br /><em>Industry leaders met Finance Minister Nirmala Sitharaman in New Delhi for three hours.<br /></em><br />Businesses on Thursday asked the government for a stimulus package of over Rs 1 trillion to restart investments and revive the economy.<br /><br />Industry leaders, who met Finance Minister Nirmala Sitharaman in New Delhi for three hours, said the government will soon take action to boost economic growth.<br /><br />&quot;The economy requires a critical intervention by introducing a stimulus package. We have suggested for a package of over Rs one lakh crore,&quot; said B K Goenka, president of business lobby Assocham.<br /><br />&quot;It was decided that the government is going to take action very soon to revive the industry and it is a matter of sentiments. We got positive feedback from the finance minister,&quot; said JSW Group Chairman Sajjan Jindal.<br /><br />The minister in clear terms gave assurance that &quot;very soon&quot; solution would be found, he said, adding the industry is suffering from issues in sectors like steel, NBFC, and automobile.<br /><br />Piramal Enterprises Chairman Ajay Piramal the industry raised several matters such as reluctance of banks to lend to the industry.<br /><br />&quot;It is not that there was a lack of liquidity in the banks, but lending was not taking place. There is stress on the economy as far as NBFC sector was concerned,&quot; he told reporters after the meeting.<br /><br />He added that the NBFC issue is impacting sectors like auto, home loan, and MSME. &quot;I am told that there will be action soon. So, we will wait for that,&quot; he said.<br /><br />The government told the business leaders that the punitive penal provisions for non-compliance of CSR spending norms under the companies law would not be pursued.<br /><br />Piramal said that the industry demanded that oversight on CSR spending should not result in any imprisonment.<br /><br />Please <a href="https://www.business-standard.com/article/economy-policy/business-leaders-seeks-rs-1-trillion-govt-stimulus-to-revive-economy-119080801469_1.html?fbclid=IwAR349_1Q-BqaL3XiFfn6PtMIPkWzdw-HA143DaP866kqSIBPKHON-kMbnm0" title="https://www.business-standard.com/article/economy-policy/business-leaders-seeks-rs-1-trillion-govt-stimulus-to-revive-economy-119080801469_1.html?fbclid=IwAR349_1Q-BqaL3XiFfn6PtMIPkWzdw-HA143DaP866kqSIBPKHON-kMbnm0">click here</a> to read more. <br /></div>                                                           
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Industry leaders met Finance Minister Nirmala Sitharaman in New Delhi for three hours.

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                            <div align="justify">-PTI<br /><br /><em>Industry leaders met Finance Minister Nirmala Sitharaman in New Delhi for three hours.<br /></em><br />Businesses on Thursday asked the government for a stimulus package of over Rs 1 trillion to restart investments and revive the economy.<br /><br />Industry leaders, who met Finance Minister Nirmala Sitharaman in New Delhi for three hours, said the government will soon take action to boost economic growth.<br /><br />&quot;The economy requires a critical intervention by introducing a stimulus package. We have suggested for a package of over Rs one lakh crore,&quot; said B K Goenka, president of business lobby Assocham.<br /><br />&quot;It was decided that the government is going to take action very soon to revive the industry and it is a matter of sentiments. We got positive feedback from the finance minister,&quot; said JSW Group Chairman Sajjan Jindal.<br /><br />The minister in clear terms gave assurance that &quot;very soon&quot; solution would be found, he said, adding the industry is suffering from issues in sectors like steel, NBFC, and automobile.<br /><br />Piramal Enterprises Chairman Ajay Piramal the industry raised several matters such as reluctance of banks to lend to the industry.<br /><br />&quot;It is not that there was a lack of liquidity in the banks, but lending was not taking place. There is stress on the economy as far as NBFC sector was concerned,&quot; he told reporters after the meeting.<br /><br />He added that the NBFC issue is impacting sectors like auto, home loan, and MSME. &quot;I am told that there will be action soon. So, we will wait for that,&quot; he said.<br /><br />The government told the business leaders that the punitive penal provisions for non-compliance of CSR spending norms under the companies law would not be pursued.<br /><br />Piramal said that the industry demanded that oversight on CSR spending should not result in any imprisonment.<br /><br />Please <a href="https://www.business-standard.com/article/economy-policy/business-leaders-seeks-rs-1-trillion-govt-stimulus-to-revive-economy-119080801469_1.html?fbclid=IwAR349_1Q-BqaL3XiFfn6PtMIPkWzdw-HA143DaP866kqSIBPKHON-kMbnm0" title="https://www.business-standard.com/article/economy-policy/business-leaders-seeks-rs-1-trillion-govt-stimulus-to-revive-economy-119080801469_1.html?fbclid=IwAR349_1Q-BqaL3XiFfn6PtMIPkWzdw-HA143DaP866kqSIBPKHON-kMbnm0">click here</a> to read more. <br /></div>                                                           
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-PTI

Industry leaders met Finance Minister Nirmala Sitharaman in New Delhi for three hours.

Businesses on Thursday asked the government for a stimulus package of over Rs 1 trillion to restart investments and revive the economy.

Industry leaders, who met Finance Minister Nirmala..." />
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                            <div align="justify">-PTI<br /><br /><em>Industry leaders met Finance Minister Nirmala Sitharaman in New Delhi for three hours.<br /></em><br />Businesses on Thursday asked the government for a stimulus package of over Rs 1 trillion to restart investments and revive the economy.<br /><br />Industry leaders, who met Finance Minister Nirmala Sitharaman in New Delhi for three hours, said the government will soon take action to boost economic growth.<br /><br />&quot;The economy requires a critical intervention by introducing a stimulus package. We have suggested for a package of over Rs one lakh crore,&quot; said B K Goenka, president of business lobby Assocham.<br /><br />&quot;It was decided that the government is going to take action very soon to revive the industry and it is a matter of sentiments. We got positive feedback from the finance minister,&quot; said JSW Group Chairman Sajjan Jindal.<br /><br />The minister in clear terms gave assurance that &quot;very soon&quot; solution would be found, he said, adding the industry is suffering from issues in sectors like steel, NBFC, and automobile.<br /><br />Piramal Enterprises Chairman Ajay Piramal the industry raised several matters such as reluctance of banks to lend to the industry.<br /><br />&quot;It is not that there was a lack of liquidity in the banks, but lending was not taking place. There is stress on the economy as far as NBFC sector was concerned,&quot; he told reporters after the meeting.<br /><br />He added that the NBFC issue is impacting sectors like auto, home loan, and MSME. &quot;I am told that there will be action soon. So, we will wait for that,&quot; he said.<br /><br />The government told the business leaders that the punitive penal provisions for non-compliance of CSR spending norms under the companies law would not be pursued.<br /><br />Piramal said that the industry demanded that oversight on CSR spending should not result in any imprisonment.<br /><br />Please <a href="https://www.business-standard.com/article/economy-policy/business-leaders-seeks-rs-1-trillion-govt-stimulus-to-revive-economy-119080801469_1.html?fbclid=IwAR349_1Q-BqaL3XiFfn6PtMIPkWzdw-HA143DaP866kqSIBPKHON-kMbnm0" title="https://www.business-standard.com/article/economy-policy/business-leaders-seeks-rs-1-trillion-govt-stimulus-to-revive-economy-119080801469_1.html?fbclid=IwAR349_1Q-BqaL3XiFfn6PtMIPkWzdw-HA143DaP866kqSIBPKHON-kMbnm0">click here</a> to read more. <br /></div>                                                           
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    <br><a href="https://www.business-standard.com/article/economy-policy/business-leaders-seeks-rs-1-trillion-govt-stimulus-to-revive-economy-119080801469_1.html?fbclid=IwAR349_1Q-B" class="re" target="_blank">Business Standard, 8 August, 2019, https://www.business-standard.com/article/economy-policy/business-leaders-seeks-rs-1-trillion-govt-stimulus-to-revive-economy-119080801469_1.html?fbclid=IwAR349_1Q-B</a><div class="clear"></div>
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Business leaders seek Rs 1 trillion govt stimulus to revive economy

Published on Aug 12, 2019   Modified on Aug 12, 2019

-PTI Industry leaders met Finance Minister Nirmala Sitharaman in New Delhi for three hours. Businesses on Thursday asked the government for a stimulus package of over Rs 1 trillion to restart investments and revive the economy. Industry leaders, who met Finance Minister Nirmala Sitharaman in New Delhi for three hours, said the government will soon take action to boost economic growth. "The economy requires a critical intervention by introducing a stimulus package. We have suggested for a package of over Rs one lakh crore," said B K Goenka, president of business lobby Assocham. "It was decided that the government is going to take action very soon to revive the industry and it is a matter of sentiments. We got positive feedback from the finance minister," said JSW Group Chairman Sajjan Jindal. The minister in clear terms gave assurance that "very soon" solution would be found, he said, adding the industry is suffering from issues in sectors like steel, NBFC, and automobile. Piramal Enterprises Chairman Ajay Piramal the industry raised several matters such as reluctance of banks to lend to the industry. "It is not that there was a lack of liquidity in the banks, but lending was not taking place. There is stress on the economy as far as NBFC sector was concerned," he told reporters after the meeting. He added that the NBFC issue is impacting sectors like auto, home loan, and MSME. "I am told that there will be action soon. So, we will wait for that," he said. The government told the business leaders that the punitive penal provisions for non-compliance of CSR spending norms under the companies law would not be pursued. Piramal said that the industry demanded that oversight on CSR spending should not result in any imprisonment. Please click here to read more.

Business Standard, 8 August, 2019, https://www.business-standard.com/article/economy-policy/business-leaders-seeks-rs-1-trillion-govt-stimulus-to-revive-economy-119080801469_1.html?fbclid=IwAR349_1Q-B

Tagged with: Corporate Social Responsibility csr Fiscal Stimulus fiscal deficit Economic Slowdown

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