Page 8 - Economic Stimulus

'Welfare done', FM Sitharaman to focus on specific sectors over next 2 days

Officials said that the announcements will again be a mix of fiscal and liquidity measures, with more heft through the latter

Govt to amend Essential Commodities Act to deregulate cereals, edible oil

A stock limit will be imposed only under very exceptional circumstances like national calamities, famine with a surge in prices.

FM Sitharaman LIVE: Hope states fall in line with new reforms, says CII

The Finance Minister had on Thursday announced Rs 3.16 trillion support for vulnerable sections, including migrant workers, farmers, tribals, street vendors - all hit hard by locdown

Top 10 biz headlines: Stimulus 2.0, race to buy BSES companies, and more

Here are the top 10 headlines on Friday morning

Govt's piecemeal steps of little use, migrants need immediate help: Experts

No announcement on guaranteed minimum basic income which is the need of the hour, no immediate gains from ration card portability, they say

Deep Dive with AKB: Govt's Rs 20-trn package to fight Covid-19 slump

Kerala govt announces special package for MSMEs amid Covid-19 crisis

KSIDC will offer a moratorium on loans and interest to all operating units for three months without penal interest. The Corporation will also offer loans above Rs 50 lakh to MSMEs

Highlights: FM aims to help migrant workers, Congress says not enough done

Finance Minister Nirmala Sitharaman announced free food grains for 8 crore migrants for 2 months. Stay tuned with Business Standard for FM press conference live updates

Highlights: Food, housing, jobs for poor in FM's new measures for lockdown

Migrant workers, small farmers and street vendors get attention in Finance Minister Nirmala Sitharaman's new announcements.

Free food grain for migrant workers, easy farm credit in stimulus round 2

As many as 2.5 crore farmers will be provided Rs 2 lakh crore of concessional credit through Kisan Credit Cards

Top headlines: FM announces free food grain, jobs for migrant workers

From railways cancelling trains to 'Work from home' being the new normal, here are the top headlines of the day

FM Sitharaman soon to list second set of stimulus measures to boost economy

Sitharaman on Wednesday announced measures of nearly Rs 5.94 trillion to provide relief to small businesses, taxpayers, shadow banks, power distribution companies among others

FM targeted liquidity issues; sustained upturn in market will take time

The financial markets is expected to behave in a measured manner, given the cautious environment and weakening sentiments

Without more stimulus, India's GDP may contract 9% in FY21: Pronab Sen

Sen said that on the face of it, the package looked good, with roughly the kind of damage that has happened to the economy

FM's extension of completion timelines a big relief for construction firms

Many of these firms, which have been grappling with Covid-19 crisis and exodus of migrant labour, will now be able to complete contractual obligations

Rs 20-trn package: Govt reduces EPF contribution for companies for 3 months

At present, 24 per cent of a worker's basic pay is deducted - with 12 per cent each counted as employer's and employee's share - towards the EPF savings

Govt move to extend project timelines will help stressed realtors: Experts

Home buyers, on the other hand, will have to wait longer to take possession

India Inc cheers stimulus package, says will provide relief to businesses

Industry bodies said the measures will infuse liquidity in the market and inject a fresh lease of life in distressed micro, small and medium enterprises

Mamata calls Modi's mega Rs 20 trillion package a 'big zero and eyewash'

West Bengal CM says extension of the deadline to file tax return is not a benefit as people are under lockdown and in any case they cannot meet the earlier deadline

Govt measures focus on parts of economy needing immediate succour

Reflecting the PM's priorities, the first set of announcements have an overarching "theme" - helping the more effected and vulnerable parts of the Indian "corporate" ecosystem