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Leading industry bodies welcome 5th tranche of Economic package.
May 19, 2020

ASSOCHAM Secretary General Deepak Sood said, the amendments in the IBC Act and the Companies Act, which would be effected through Ordinance routes, reflect a sense of urgency. He said, a huge increase of 40 thousand crore rupees in the outlays for the MNREGA taking the total to one lakh crore rupees for the current fiscal should provide immediate relief to the rural labour and  economy. 
ASSOCHAM Secretary General said, it is becoming clearer that the bounce back is going to be led by the rural economy comprising agriculture and allied sectors.ASSOCHAM Secretary General Deepak Sood said, the announcement on the Public Sector Policy, clearly spelling out the role of the government-owned companies within a broad frame work of strategic sectors would help both the private sector as also the state firms.

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