Tag: MSME

The Centre has agreed to waive off compounded interest for loans up to Rs 2 crore. The central government told the Supreme Court that it has agreed to waive interest on interest during the moratorium period (March to August). People will get this relief on a loan of up to two crore rupees. This interest

The Supreme Court on Friday stayed the operation of a Ministry of Home affairs circular asking private companies including MSMEs to pay full salaries to their employees during the coronavirus-induced lockdown.  The court also asked the Centre and States not to prosecute private firms, factories and others over non-payment till next week. The Centre had