By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
India Times NowIndia Times NowIndia Times Now
Notification Show More
Font ResizerAa
  • India News
    India News
    Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong remedies.
    Show More
    Top News
    The States Braces for Protests Over New COVID Rules
    August 29, 2021
    Massive explosion inside J&K police station leaves 8 injured
    November 14, 2025
    Huge support for tribal dances at Kerala school arts fest
    January 17, 2026
    Latest News
    ED moves special court in Mumbai for custody of rape accused ‘godman’ in money laundering case
    May 2, 2026
    CPI slams ₹993 hike in commercial LPG prices
    May 2, 2026
    Govt. absorbed global oil shock, didn’t pass it on to consumers: Hardeep Puri
    May 2, 2026
    Pact on foreign language learning set to provide global platform to Rajasthan’s youth
    May 2, 2026
  • Technology
    TechnologyShow More
    Strengthening the Team: Thryve PR Onboards Pranjal Patil as PR Executive & Project Manager
    October 1, 2025
    How to Take the Perfect Instagram Selfie: Dos & Don’ts
    October 1, 2021
    Apple iMac M1 Review: the All-In-One for Almost Everyone
    Hands-On With the iPhone 13, Pro, Max, and Mini
    September 4, 2021
    Apple VS Samsung– Can a Good Smartwatch Save Your Life?
    August 30, 2021
  • Posts
    • Post Layouts
      • Standard 1
      • Standard 2
      • Standard 3
      • Standard 4
      • Standard 5
      • Standard 6
      • Standard 7
      • Standard 8
      • No Featured
    • Gallery Layouts
      • Layout 1
      • Layout 2
      • layout 3
    • Video Layouts
      • Layout 1
      • Layout 2
      • Layout 3
      • Layout 4
    • Audio Layouts
      • Layout 1
      • Layout 2
      • Layout 3
      • Layout 4
    • Post Sidebar
      • Right Sidebar
      • Left Sidebar
      • No Sidebar
    • Review
      • Stars
      • Scores
      • User Rating
    • Content Features
      • Inline Mailchimp
      • Highlight Shares
      • Print Post
      • Inline Related
      • Source/Via Tag
      • Reading Indicator
      • Content Size Resizer
    • Break Page Selection
    • Table of Contents
      • Full Width
      • Left Side
    • Reaction Post
  • Pages
    • Blog Index
    • Contact US
    • Search Page
    • 404 Page
    • Customize Interests
    • My Bookmarks
  • Join Us
Reading: Govt grants relief to firms hit by West Asia disruptions, extends contract deadlines without penalty
Share
India Times NowIndia Times Now
Font ResizerAa
  • Finance ₹
  • India News
  • The Escapist
  • Entertainment
  • Science
  • Technology
  • Insider
Search
  • Home
    • India Times Now
    • Home 2
    • Home 3
    • Home 4
    • Home 5
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
  • Bookmarks
    • Customize Interests
    • My Bookmarks
  • More Foxiz
    • Blog Index
    • Sitemap
Have an existing account? Sign In
Follow US

Home » Govt grants relief to firms hit by West Asia disruptions, extends contract deadlines without penalty

India News

Govt grants relief to firms hit by West Asia disruptions, extends contract deadlines without penalty

Times Desk
Last updated: May 2, 2026 1:59 am
Times Desk
Published: May 2, 2026
Share
SHARE


According to the Finance Ministry’s memorandum, such extensions will be decided on a case-by-case basis after examining the validity of claims under the Force Majeure provisions. File

According to the Finance Ministry’s memorandum, such extensions will be decided on a case-by-case basis after examining the validity of claims under the Force Majeure provisions. File
| Photo Credit: The Hindu

The Ministry of Finance has said that contractors and suppliers executing contracts with government entities will be given additional time and will not face penalties if their work has been disrupted due to the ongoing West Asia situation, according to an official memorandum.

In the Office Memorandum issued by the Department of Expenditure, the government clarified that delays caused due to such disruptions will be treated under the “Force Majeure” clause, which allows relief in extraordinary circumstances beyond human control”.

Published – May 01, 2026 09:49 pm IST



Source link

Licences of 176 retailers, 39 wholesalers cancelled over substandard medicines: Maharashtra Minister
At Sivagiri, Kerala CM says those who create communal schisms betray Sree Narayana Guru’s teachings
NMC slaps ₹1 Crore penalty on medical college in Devanahalli
Man gets life term for raising module of Pakistan based terror outfit in Assam
Ramchander Rao flags ‘governance failures,’ wants CM to focus on public hardships
TAGGED:Force Majeure clauseGovernment relief to war affected firmsrelief to firms hit by West Asia disruptionswest asia conflictWest Asia disruptions in India
Share This Article
Facebook Email Print
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Social Medias
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!
[mc4wp_form]
Popular News

Lakshmipriya’s BAFTA win a moment of immense pride for entire nation: Manipur CM

Times Desk
Times Desk
February 23, 2026
LDF’s northern region rally enters Kozhikode
Kerala HC holds plea challenging Suresh Gopi’s 2024 Thrissur election as maintainable
Prem Chopra diagnosed with severe aortic stenosis; son-in-law Sharman Joshi confirms successful TAVI procedure
Krishna University to host national netball tourney for women from February 14-18
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics
© INDIA TIMES NOW 2026 . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?