Nirmala Sitharaman’s $75 billion roadmap cheers MSMEs
Following PM Narendra Modi’s announcement of a $290-billion package to revive the Covid-19-hit economy, the Indian Finance Minister Nirmala Sitharaman set out to revive the main engines of the Indian economy, increase demand, promote self-reliance and create the right conditions for foreign companies leaving China to invest in India. Announcing a set of bold measures to revive the micro, small and medium enterprises (MSMEs), generate demand in the economy, promote self-reliance, provide relief to employees at the lower end of [...]