MSME”s- Local ko Vocal- Government policies to assist MSME’s (Tourism Sector)
Well unlike previous sections wherein we usually discuss the recent or upcoming legal issues in the country today our focus will be mainly on Micro Small Medium Enterprise’s (hereinafter to be referred as MSME’s) and the government policy (especially Rajasthan Government) so as to encourage MSMEs. Recently Hon’ble PM Narendra Modi coined the term “Local ko Vocal” highlighting the importance of local manufacturing, products, and service. In fact in pursuance of the PM idea, Ministry of Home Affairs has issued an order wherein CAPF’s canteens have been directed to sell only indigenous products from 1 st June. It is apposite to say that like the whole world Indian economy is also going through some hard times due to COVID-19 pandemic thus Government of India had announced Rs. 20 Lakh Crore to help bring the struggling economy back on its feet. It is pertinent to mention here that out of the above-said amount government announced Rs. 3 lakh crore as an Emergency Credit Line Guarantee Sc...