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Govt to revamp revival framework for MSMEs

Hindustan Times Pune

|

January 13, 2025

Restructuring loans for small businesses isn't as commonplace as for larger firms

- Manas Pimpalkhare & Rituraj Baruah

NEW DELHI: The government is working on revamping the framework for revival and rehabilitation (FRR) of debt-ridden micro, small, and medium enterprises (MSMEs) in order to make it easier for small businesses to restructure the loans they have taken out, said two people in the know of the development. The framework would be known as FRR 2.0.

The existing 2015-16 framework, which covers MSMEs with a debt of up to ₹25 crore, calls for lenders to come up with a plan to recover debt and streamline the operations of the enterprise.

Although restructuring loans for larger businesses is commonplace, that is not the case for small businesses, which have less capital and need more cushioning during financial distress.

The revamp is being considered to boost entrepreneurship, said a person in the know of the development.

Hindustan Times Pune से और कहानियाँ

Hindustan Times Pune

IOC’S SANCTIONS AGAINST INDONESIA A NOD TO INDIA'S POLICY: MINISTRY

The Sports Ministry on Tuesday justified its stand to play against Pakistan in multilateral international events pointing to the severe sanctions imposed by the International Olympic Committee against Indonesia for denying visas to Israeli athletes for the World Artistic Gymnastics Championships.

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1 min

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Hindustan Times Pune

SHREYAS OUT OF ICU, ‘ON ROAD TO RECOVERY’ IN SYDNEY HOSPITAL

India’s ODI vice-captain Shreyas Iyer, who suffered a ruptured spleen and rib cage injury during the third match against Australia, has been moved out of the Intensive Care Unit (ICU) of a Sydney hospital and is now in a stable condition, BCCI said on Tuesday.

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1 min

October 29, 2025

Hindustan Times Pune

LIC says its decisions had no external say

Life Insurance Corporation of India (LIC) on Tuesday reiterated that the public sector insurer has neither issued nor received any document mentioned in the Washington Post report, which alleges that its decisions to invest in the Adani Group were influenced by external factors.

time to read

1 min

October 29, 2025

Hindustan Times Pune

INDIAN STABS 2 TEENS ON U.S. TO GERMANY FLIGHT

A 28-year-old Indian national allegedly stabbed two teens with a metal fork and slapped a co-passenger on board a Chicago to Germany flight, according to American authorities.

time to read

1 min

October 29, 2025

Hindustan Times Pune

OpenAI gives MS 27% stake, wraps up for-profit shift

Microsoft and OpenAl reached a deal to allow the ChatGPT maker to restructure itself into a public benefit corporation, valuing OpenAT at $500 billion and giving it more freedom in its business operations.

time to read

2 mins

October 29, 2025

Hindustan Times Pune

HC pauses K’taka order on big gatherings

The Karnataka high court on Tuesday stopped the state government from enforcing its controversial order restricting gatherings of more than ten people in public or government-owned spaces, including parks, playgrounds, or roads that was widely believed to be targeted at the Rashtriya Swayamsevak Sangh (RSS).

time to read

2 mins

October 29, 2025

Hindustan Times Pune

Gunman pleads guilty to shooting Abe dead

The gunman accused of killing Japan's former prime minister Shinzo Abe pleaded guilty on Tuesday, three years after the assassination in broad daylight shocked the world.

time to read

1 min

October 29, 2025

Hindustan Times Pune

'Not for new production': HC on ORS order

The Delhi high court on Tuesday clarified that its earlier order allowing Johnson & Johnson's subsidiary, JNTL Consumer Health, to continue selling its electrolyte drinks under the registered trademark ORSL was never intended to permit companies to continue producing products with the term ‘ORS’ in a misleading way.

time to read

1 mins

October 29, 2025

Hindustan Times Pune

Hyderabad Police launches investigation of Chiranjeevi's Al-generated deepfakes

Two days after actor Chiranjeevi lodged a complaint against cybercriminals for morphing and circulating AI-generated deepfake videos featuring him in obscene content, Hyderabad Police confirmed that an investigation is underway, promising strict action against those found guilty.

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1 min

October 29, 2025

Hindustan Times Pune

Aditya calls out 'politics' in Bollywood, reveals being replaced in Tezaab

On October 27, actor-producer Aditya Pancholi took to social media to reveal that he was originally supposed to play the lead in the 1988 hit Tezaab, the film that propelled actors Anil Kapoor and Madhuri Dixit to superstardom.

time to read

1 min

October 29, 2025

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