new Delhi. In order to give relief to industries in the wake of COVID-19 Crisis, the Central Government is going to announce the Relief Package for Industries very soon. National Highway and Transport Minister Nitin Gadkari gave information about this on Monday. During this, he also said that the government has its limits. We are doing everything possible at our level to save everyone.
Gadkari said during a conversation with Telangana industry and commerce members through video conferencing, "Within about 2 to 3 days, the government can announce a relief package."
Recommendations have been sent to Finance Ministry and PMO
Nitin Gadkari is also the Minister for Micro, Small and Medium Industries (MSME). He said that the MSME Ministry has also sent its recommendations to the Ministry of Finance and the Prime Minister's Office (PMO). Last month itself, Gadkari said that the central government is working on a relief package of Rs 1 lakh crore to ensure that small businesses can get the outstanding refunds on time and that there is no problem in doing their business.
MSME sector needs government support
Significantly, the lockdown has had the greatest impact on the MSME sector, which plays a key role in the country's GDP and employs millions of people. However, for the poor, farmers and small businessmen, the Ministry of Finance and Reserve Bank of India (RBI) have taken several steps. But despite this, many steps still need to be taken to strengthen the MSME sector.
On Monday, Gadkari also said that the central government will continuously support all industries. He said that the industries also have to understand that the financial position of the government is also under pressure.
Repo Rate: 68,625 crore burden on MSME and retail customers due to increase in repo rate by 2.25%
An SBI report states that 47 percent of the total borrowers in the country are linked to the loan
The earthquake that occurred on February 6 in Turkey and Syria caused severe devastation. More th
Udaipur Murder Case: The SIT team probing the heinous murder of Kanhaiya Lal is coming to know ab
The government can give an incentive of Rs 45 billion to foreign electronics companies for making
South Korea's Joint Chiefs of Staff said on Friday that North Korea has fired a ballistic missile
Ind vs SL: Kohli has a chance to make a record in Mohali Test which no Indian batsman has made
Indian cricket will enter a new era with the first Test of the two-match home Test series against
Congress has already started making a strategy for the Lok Sabha elections to be held in 2024. Co
The ongoing dispute between Russia and Ukraine has now reached its peak. On Monday, Putin recogni
Today is the 41st day of the Russia-Ukraine war. The Russian army is slowly withdrawing from some
Kanpur. Four days have passed since the encounter between gangster Vikas Dubey and police in Bika
