-The Hindu Proper implementation of the Right to Information Act is more crucial now than ever before Right to Information (RTI) applications seeking information pertaining to the PM CARES Fund have been stonewalled. No information exists on the official website of the Fund regarding the amount collected, names of donors, expenditure incurred, or details of beneficiaries. The trust deed of the fund chaired by the Prime Minister is not available for public...

-The Indian Express Viable companies, with good credit history, are able to raise funds, but the most needy among the MSMEs are facing a double whammy: slump in demand and lack of finance. Banks have started disbursing funds to Micro, Small and Medium Enterprises under the 100% Emergency Credit Line Guarantee Scheme announced by Finance Minister Nirmala Sitharaman last month but for many firms, hit hard by the pandemic lockdown, credit is...

-The Pioneer As the wave of the Covid-19 pandemic grips the globe, the entire population of affected countries has been left vulnerable. Especially worrisome has been the long-term impact that such a crisis can have on children in the coming days and years. Though medically, it has been observed that children have been less affected by the deadly virus, concerns of them being the “hidden victims” of this global health Emergency...

-Business Standard Govt likely to issue clarification to add more borrowers under ECLGS Finance Minister Nirmala Sitharaman on Monday held a review meeting with private banks and non-banking financial companies (NBFCs) to seek feedback to improve the Atmanirbhar Bharat Abhiyan economic package to deal with the impact of Covid-19. The private lenders asked the government to revisit some provisions in the Emergency Credit Line Guarantee Scheme (ECLGS), under which 100 per cent guarantee...

-Newsclick.in The Rs 3 lakh crore credit guarantee scheme for micro, small and medium enterprises is unclear, contradictory and practically difficult to implement. The scheme may create more problems than it solves. On May 12, in his televised address to the nation, Prime Minister Narendra Modi announced the Atma Nirbhar Bharat Abhiyan or the “campaign to make India self-reliant,” comprising what was claimed to be a Rs 20 lakh crore package to...