Giving insights into the economic plan which comes as an integral part of the Atma Nirbhar Bharat Abhiyaan, Nirmala Sitharaman, the Finance Minister of India, announced major revisions in the definition of MSME or Micro Small and Medium Enterprises. The announcement was made on Wednesday, May...
The Government has announced a massive relief package for the MSME sector which is highly stressed due to the on-going COVID 19 pandemic. There are a host of measures that will ensure the availability of working capital. The package has relevance for the MSME sector...
Insurance is a matter of grave concern when the ramifications include the deadly coronavirus. The global corona pandemic has left insurance regulators scrabbling for the most appropriate policies that they can provide to their customers. Both life and general insurance companies have been spurred by...
The Coronavirus pandemic has struck hard. It has forced some of the most powerful countries to contain their population in their homes, and the same goes for India. With such huge pressures on people, the administrators, and the governments across the nation, it is quite...
With the stock markets dropping and the COVID-19 cases heaving, small business owners are scrambling to find out the ways that can help them in dealing with disruptions. The pandemic is constantly spreading and affecting the world. Small businesses in India are fighting this double...
The entire world has become the victim of another pandemic- COVID-19. It has led to a very stressful situation. The pandemic is hugely impacting businesses across the country, and livelihoods of all associated are in great jeopardy. Approximately 62% of business owners who took part in...
Running a business definitely requires a lot of effort, hard work, and strategy that ensures your business can thrive or at least float through unforeseen circumstances. However, many a time it becomes difficult to prepare for every unprecedented event or situation, and recent times have...
Many individuals like to have small businesses of their own instead of working for others. It helps them in being their masters as they have complete control over the products they sell; on the people they hire and on the way they conduct business. But all...
A recent survey carried out by the Federal Reserve Bank shows the credit environment, business condition, and insurance coverage of small and medium businesses. Of all the affected businesses, the survey put forward that only 4% has not faced any revenue losses, while 61% of...
The unprecedented apocalypse type of situation that has triggered fears of economic depression has also forced the government to allow extreme fiscal measures. The COVID 19 outbreak has prompted the Reserve Bank of India to announce a moratorium on Term loans for three months from...