{"id":9351,"date":"2020-11-23T16:05:52","date_gmt":"2020-11-23T16:05:52","guid":{"rendered":"https:\/\/www.octagona.com\/?p=9351"},"modified":"2025-07-01T12:33:47","modified_gmt":"2025-07-01T12:33:47","slug":"economic-stimulus-package-3-0","status":"publish","type":"post","link":"https:\/\/octagona.com\/en\/economic-stimulus-package-3-0\/","title":{"rendered":"Breaking news: \u201cEconomic Stimulus Package 3.0\u201d for recovery of Indian economy in post Covid-19"},"content":{"rendered":"<p class=\"has-text-align-left wp-block-paragraph\">\u2013 <strong>Creation of an emergency credit line guarantee system<\/strong> for SMEs, businesses, and individuals (loans for commercial purposes). The Guaranteed Loan established to support sectors in difficulty will be used to provide additional credit under the 100% program, without collateral, at capped interest rates, <strong>in favor of entities in 26 defined sectors in difficulty, plus the healthcare sector<\/strong>.\u00a0<\/p>\r\n\r\n\r\n\r\n<p class=\"has-text-align-left wp-block-paragraph\">\u2013 <strong>17 billion in incentives<\/strong> are offered to <strong>10 sectors to promote domestic production, exports and job creation<\/strong>. Among the included sectors are: \u201cmobile\u201d manufacturing, specific electronic components, active pharmaceutical ingredients (APIs), medical device manufacturing, and the automotive sector.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-text-align-left wp-block-paragraph\">Financial support from <strong>8 billion<\/strong> to promote<strong> Agriculture and rural employment<\/strong>.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-text-align-left wp-block-paragraph\">\u2013 <strong>Export incentive<\/strong> through the release of 400 million euros for<strong> Projects to support railways, energy, transmission, roads and transportation, and automotive components<\/strong>.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-text-align-left wp-block-paragraph\">An additional outlay of <strong>1.2 billion<\/strong> will be intended for <strong>capital investment and industrial expenditure<\/strong> in materials for national defense, the industrial sector, industrial infrastructure and green energy projects.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-text-align-left wp-block-paragraph\">\u2013 <strong>An R&amp;D contribution<\/strong> of the value of <strong>110 million<\/strong> for the \u201cCovid Suraksha\u201d mission\u201d <strong>For Indian Covid vaccine research and development<\/strong>.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-text-align-left wp-block-paragraph\">\u2013 It is also being launched <strong>New employment program<\/strong> in order to incentivize job creation during the post-Covid 19 recovery phase. The Modi government will provide <strong>subsidies for two years for eligible new employees<\/strong> and for employees who had to leave their jobs because of the pandemic.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-text-align-left wp-block-paragraph\"><strong>With 600 enterprises<\/strong> Italian <strong>in the territory<\/strong> e <strong>more than 23,000 people employed<\/strong>, India now represents a <strong>Established business partner for Italy<\/strong>. <strong>These measures<\/strong> <strong>represent<\/strong> therefore, also for Italian companies with a presence in India, <strong>a big boost to economic recovery<\/strong>, especially in some areas.<br \/><br \/>The measures announced by the Indian government, however, are quite broad and may not be applicable to all businesses, both private and public. If you need further information or have specific questions regarding the \u201cStimulus Package\u201d measures, you can contact our team.<\/p>","protected":false},"excerpt":{"rendered":"<p>\u2013 Creazione di un sistema di garanzia delle linee di credito d\u2019emergenza per le PMI, le imprese e i privati (prestiti per scopi commerciali). Il Credito Garantito istituito per il sostegno ai settori in difficolt\u00e0 servir\u00e0 per garantire un credito addizionale al 100%, senza garanzie collaterali, a tassi d\u2019interesse limitati, a favore di entit\u00e0 in [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary octgn-read-more-link\" href=\"https:\/\/octagona.com\/en\/economic-stimulus-package-3-0\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":3,"featured_media":11434,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[19],"class_list":["post-9351","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-internazionalizzazione-imprese","tag-india"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pacchetto di stimolo economico 3.0 | Octagona Srl<\/title>\n<meta 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