Activities Round Up

Date : 17 Jun to 17 Jun 2019
Place : New Delhi
Organised by : FISME

FISME submitted a pre-budget memorandum to Finance Minister

 
Union Finance Minister held a pre-budget meeting on 11 June 2019 with industry associations in North Block. Plagued with various issues related to availability of timely credit, Non-Performing Assets (NPAs) and limited access to markets, FISME submitted a pre-budget memorandum to Finance Minister for incorporating in the Union Budget to be presented next month. FISME proposed the Government to create a multi-stake holder Agency on the lines of Credit Bureau (under Governmentt control). The Agency may be provided access to big data of GST, bank transactions and ROC filings based on which it would automatically create credibility report of companies.