 "MSME ministry likely to streamline existing schemes for better results")
This refers to “Coronavirus outbreak: Govt mulls suspending IBC process for 6 months” (March 25). The government’s announcement for raising the threshold of the default amount from Rs 1 lakh to Rs 1 crore for initiating insolvency proceedings along with certain relaxations in statutory compliances indicates its intention to limit the economic fallout of the COVID-19 pandemic.
With the 21 days complete lockdown announced by the prime minister, the outbreak will hopefully subside but the economic impact will be far more damaging and lasting. The damage is feared to be quite severe on our economy that still hasn’t come
With the 21 days complete lockdown announced by the prime minister, the outbreak will hopefully subside but the economic impact will be far more damaging and lasting. The damage is feared to be quite severe on our economy that still hasn’t come
