India Weighs Urgent Measures to Bolster Rupee Amid Global Turmoil
India explores urgent measures like FX deposit schemes and tax relief to strengthen the rupee amidst global turmoil, capital outflows, and rising oil prices.
India explores urgent measures like FX deposit schemes and tax relief to strengthen the rupee amidst global turmoil, capital outflows, and rising oil prices.
As small and medium-sized enterprises (SMEs) grapple with persistent liquidity constraints, government-backed credit guarantee schemes have emerged as a critical mechanism to stabilize the sector. NeoStrat’s Abizer Diwanji recently highlighted that while these guarantees provide a necessary lifeline for cash-strapped businesses, they simultaneously introduce long-term structural debt risks that require careful monitoring by financial institutions….