“The measures to keep enterprises afloat in the aftermath of COVID 2.0 in the form of extending loan guarantees to the healthcare, tourism sectors and small borrowers, in addition to increasing the scope of ECLGS by ₹1.5 lakh crore are very welcome steps,” CII president T.V. The emphasis laid on the COVID-affected sectors is laudable.” The extension of the Aatmanirbhar Bharat Rozgar Yojana until March 31, 2022 should help support additional hiring, he added. Healthcare industry body NATHEALTH president Harsh Mahajan said, “The pinpoint focus on augmenting manpower and infrastructural resources for pediatric care is a welcome step and a new beginning”. “There can be no better time than the present to fulfil the long-pending demand of the healthcare sector to be accorded infrastructure status to enable the nation leapfrog to the next level of healthcare, he added. Rikant Pitti, co-founder, EaseMyTrip, said credit relief will play a crucial role in reviving the tourism sector.

Source: The Hindu June 28, 2021 23:26 UTC