The Employees’ State Insurance Corporation (ESIC) recently decided to extend the Atal Bimit Vyakti Kalyna Yojna, which offers unemployment benefit to workers covered under the ESI Scheme, for another year till June 30 next year with relaxations in conditions.
Chennai: Workers who are covered under the Employees' State Insurance Corporation (ESIC) scheme will receive 50 per cent of their average wage of three months as unemployment benefit if they have lost their jobs during the pandemic period of March 24 to December 31 this year.
Sources said the 41st meeting of the Goods and Services Tax (GST) Council would be a single agenda meeting on states' compensation to be held via video conferencing.
NEW DELHI : The government may include cooperative banks as a lending institution under the Emergency Credit Line Guarantee Scheme (ECLGS) that was announced to support stressed micro, small and medium enterprises (MSMEs).
Despite revival measures by the government that have gradually unlocked the Indian economy following coronavirus-induced lockdowns, the revival of Micro, Small, and Medium Enterprises (MSMEs) is unlikely anytime soon, with prospects for recovery only by the next fiscal year.
Trade, Import and Export for MSMEs: MSME Minister Nitin Gadkari on Tuesday urged units in apparel exports to focus on quality along with bringing down costs related to logistics, power, and labour to become more competitive even as India lags behind countries like Bangladesh and Vietnam in apparel exports.