SMEBITES NEWS UPDATE WITH SMEVENTURE

@sme_venture presents #smeBites News Update News updates for small and medium enterprise entrepreneurs

Top 5 News Updates of 8th May 2021

• Nineteen applications filed under PLI scheme for IT Hardware.

• The Indian Government’s policies aimed at reviving and supporting MSME’s will also go a long way in supporting resilient growth, said Union Finance Minister.

• Govt exempts IGST on import of COVID-19 relief material amid crisis

• RBI announces slew of measures for MSMEs battered by Covid second wave

• As per data from Centre for monitoring economy, the unemployment rate climbed to 7.9% for the month for April compared to 6.5% in March.