Coimbatore: A study conducted by textile industrial association Indian Texpreneurs Federation (ITF) on the current state of the sector has shown that about 45% of the firms across the state are facing a ‘severe or very severe’ crunch in their working capital requirements, which is affecting their performance.
Under the Prime Minister's Employment Generation Programme (PMEGP) a total of about 5.70 lakh micro enterprises have been assisted, said an official statement on Monday.
EXIM Bank of India has a huge fund corpus of $ 6-7 billion waiting to be disbursed for project exports finance and the next fiscal is likely to see an uptick in disbursements, David Rasquinha, Managing Director & CEO EXIM Bank of India said on Monday.
The Central GST collection fell short of the budgeted estimate by nearly 40 per cent during the April-November period of 2019-20, according to the data presented in Parliament on Monday.
But the committee will submit its report to her
The GST Council at its meeting next week will consider multiple options to boost revenues such as more items under cess and the restructuring of rates, officials said.