MHA issues new guidelines for Unlock 2

The Union Ministry of Home Affairs on 29th June 2020 has issued new guidelines for Unlock 2 to open up of more activities in areas outside the containment zones beginning from July 1, with relaxations …

Ministry of MSME notifies new criteria for classifying enterprises and the procedure for filing the memorandum

The Ministry of Micro, Small and Medium Enterprises has notified a new criteria for classifying the enterprises as Micro, Small and Medium Enterprises and has also specified the form and procedure for filing the memorandum …

Punjab cabinet approves Punjab Right to Business Rules, 2020 Fast Track issue of approvals for Setting Up MSME Units

Sanctions and approvals for setting up MSMEs in Punjab pertaining to building plan, completion certificate, trade licence registration, land-use change, factory building plan (except for industries involving hazardous process), as well as registration of shops …

Delhi Government issues Order for transfer of un-expired beer stock by hotel, clubs & restaurants

Delhi Govt grants one-time relaxation to licensees of hotels, clubs, restaurants holding excise licence to transfer their unexpired beer stock, expiring up to 30 June, to other retail licensees.

Odisha Government orders weekend shutdown in 11 districts

The State Government of Gujarat has imposed Weekend Shutdown’ on all Saturdays and Sundays for the month of June in 11 districts with relaxation only for emergency and public services till June 30.

Rajasthan PCB modifies the mechanism for granting consent to industries

The Rajasthan State PCB has categorized the industries, processes, activities and mines into three different categories for the purpose of consent mechanism.

RBI announces the creation of Payments Infrastructure Development Fund

The Reserve Bank of India in its press release dated 5th June 2020 has announced the creation of a Payments Infrastructure Development Fund (PIDF) to encourage acquirers to deploy Points of Sale (PoS) infrastructure (both …

MoHFW issues SOP for reopening of hotels and hospitality sector from 8th June

Standard Operating Protocol on preventive measures to contain the spread of coronavirus in hotels and hospitality sector units . The SOP aims to minimize all possible physical contacts between Staff and Guests and maintain social …

Interest subvention and Prompt Repayment Incentive for Agriculture, Animal Husbandry, Dairy, and Fisheries loans extended till 31st August

RBI has decided to continue the availability of 2% IS and 3% PRI to farmers for the extended period of repayment upto August 31, 2020 or date of repayment, whichever is earlier.

Government of Kerala issues scheme for Interest Subvention in long term loan and working capital loan for MSMEs

The State Government of Kerala has announced financial package assistance under Vyavasay Bhadratha for helping Micro Small Medium Enterprises (MSMEs). The scheme intends to provide interest subvention for 6 months for new/additional term loan and/or …

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