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MSME sector is on the verge of collapse, says Nitin Gadkari

-PTI/ The Hindu Business Line Union Minister Nitin Gadkari on Thursday said that micro, small and medium enterprises (MSME) sector is on the verge of collapse, and urged major industries to release the outstanding dues to such companies within a month. He said that the position of MSMEs was the “worst” as they were now engaged in a “battle for their survival”. The Minister also noted that the pendency of dues owed...

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Kanuru Sujatha Rao, former Union health secretary and a past Takemi Fellow at the Harvard School of Public Health, interviewed by GS Mudur (The Telegraph)

-The Telegraph Govt should ensure infection did not slip into green zones Some public experts, while acknowledging India’s early initiatives to curb the spread of the novel coronavirus, have expressed concern about what they believe are signals of inadequate planning and poorly coordinated responses to the pandemic. The Telegraph had requested former Union health secretary Kanuru Sujatha Rao, who had spent in the health sector 20 of her 36 years as an IAS...

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Second stimulus: Govt plans targeting based on need, MSMEs to begin with -Aanchal Magazine & Sunny Verma

-The Indian Express PM wary of open-ended provisions: Fund for MSME with guarantee likely. AS the Covid pandemic and the prolonged lockdown batter all sectors of the economy, the government, sources said, is working on a rescue package that, for now, may address the needs of the micro, small and medium enterprise (MSME) segment rather than the larger corporate sector. More than six meetings have been held at the Prime Minister’s Office —...

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Lockdown has thrown up huge challenges for trucking business -N Chandrasekaran

-The Hindu Business Line Apart from getting truck drivers and warehouse employees back to their job, logistics operators have to grapple with working capital needs and supply chain inefficiencies A lot has been spoken about the effects of Covid-19 on the economy. The government, large corporates, and the MSME sector are keen to reboot activities that have come to a halt due to the lockdown. Logistics, including transportation, warehousing, order management, and...

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COVID-19 Crisis: To Help Farmers, Government Must Expand Ambit of PM Kisan Scheme -Gargi Parsai

-TheWire.in Unlike other sectors, a large majority of the farming community do not have any savings to fall back upon. The COVID-19 pandemic has not only hit manufacturing, services and business but also pushed back the Narendra Modi government’s ambitious programme to double farmers’ income by 2022. From feeding a population displaced, dislocated and frozen in its tracks, to ensuring farmers stay afloat in the coming months, the government has a tough...

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