Wednesday, Aug 12 2020 | Time 17:00 Hrs(IST)
image
  • Governor convenient punching bag in political crossfire:Dhankhar
  • COVID-19: Bangladesh registers 42 more fatalities in last 24 hours
  • COVID-19: Aurangabad reports three fatalities, 123 new cases in one-day
  • RR fielding coach Dishant Yagnik tests positive for COVID-19
  • Doctors lethargic in treating COVID-19 suspects will be booked: KDMC
  • DAK skeptical of Russian Covid-19 vaccine
  • UP records 4583 fresh Covid cases, active cases near 50K
  • Ex-Pondy Minister dies of COVID-19
  • A thorough investigation plays pivotal role in delivering justice: Shah
  • Students move SC seeking intervention in CBSE class 10, 12 compartment tests
  • Mah: VBA agitates for restarting public bus service
  • Assam targets 1 lakh COVID tests today
  • Pranab Mukherjee continues to be in critical condition
  • Pettimudi landslide : 3 more bodies recovered, death toll rises to 55
  • Pranab Mukherjee remains critical
India


World Bank, Govt of India sign $750 mn agreement for Emergency Response Programme for MSMEs

New Delhi, Jul 6 (UNI) The World Bank and the Government of India on Monday signed the 750 million dollar agreement for the MSME Emergency Response Programme, to support the increased flow of finance into the hands of Micro, Small and Medium Enterprises (MSMEs), severely impacted by the COVID-19 crisis.
The World Bank's MSME Emergency Response Programme will address the immediate liquidity and credit needs of some 1.5 million viable MSMEs, to help them withstand the impact of the current shock and protect millions of jobs.
This is the first step among a broader set of reforms that are needed to propel the MSME sector over time.
The agreement was signed by Sameer Kumar Khare, Additional Secretary, Department of Economic Affairs, Ministry of Finance, on behalf of the Government of India and Junaid Ahmad, Country Director (India), on behalf of the World Bank.
Mr Khare said the COVID-19 pandemic has severely impacted the MSME sector, leading to loss of livelihoods and jobs.
The Government of India is focused on ensuring that the abundant financial sector liquidity available flow to NBFCs, and the banks which have turned extremely risk averse, continue taking exposures in the economy by lending to NBFCs.
This project will support the Government in providing targeted guarantees to incentivise NBFCs and banks to continue lending to viable MSMEs, to help sustain them through the crisis.
UNI NY RJ 2338
More News

A thorough investigation plays pivotal role in delivering justice: Shah

12 Aug 2020 | 4:34 PM

New Delhi, Aug 12 (UNI) Lauding the 121 awardees of Home Minister’s ‘Medal for Excellence in Investigation-2020, Union Home Minister Amit Shah on Wednesday said that a thorough investigation plays pivotal role in delivering justice.

see more..

Students move SC seeking intervention in CBSE class 10, 12 compartment tests

12 Aug 2020 | 4:33 PM

New Delhi, Aug 12 (UNI) A group of students on Wednesday approached the Supreme Court, requesting the intervention of the top court to stop the decision of Central Board of Secondary Education (CBSE) to conduct the compartment examinations for classes 10 and 12.

see more..
Pranab Mukherjee remains critical

Pranab Mukherjee remains critical

12 Aug 2020 | 4:25 PM

New Delhi, Aug 12(uni) The health condition of former President Pranab Mukherjee continued to remain critical on Wednesday, the Army’s Research and Referral (R&R) Hospital said .

see more..

Pranab Mukherjee continues to be in critical condition

12 Aug 2020 | 4:19 PM

New Delhi, Aug 12 (UNI) Former President Pranab Mukherjee health condition continues to remain critical, Army's Research and Referral hospital said on Wednesday.

see more..
121 police personnel awarded with Union Home Minister’s medal for excellence in investigation 2020

121 police personnel awarded with Union Home Minister’s medal for excellence in investigation 2020

12 Aug 2020 | 3:38 PM

New Delhi, Aug 12 (UNI) As many as 121 police personnel have been awarded with "Union Home Minister’s Medal for Excellence in Investigation” for the year 2020.

see more..
image