Self-Reliant India: FM announcements of May 13

Finance Minister Nirmala Sitaraman on wednesday announced the first part of the huge 20 lakh crore economic relief package keeping focus on the MSMEs and Power distribution companies and providing liquidity in the system. Highlights of the press conference is noted down below Rs 3 lakh crore Emergency Working Capital Facility for Businesses, including MSMEsContinue reading “Self-Reliant India: FM announcements of May 13”

Company of Cash: Liquidity, the most threatening factor

The pandemic can be observed as a threat to the economy because of the changed economic scenario globally. That is why the near-term survival is the only agenda of the organizations amid the crisis. It is also critical how businesses will position themselves post lock-down (when things return to normal) in a market where everyContinue reading “Company of Cash: Liquidity, the most threatening factor”

Economics of Pandemic: An overview of COVID-19 impact

The 21 days lock-down has put the economic activities to a standstill directly effecting the Domestic as well as Global Demand levels. India’s GDP was facing difficulties even before COVID-19 outbreak, and amid Corona virus lock-down, the major contributor to the GDP- Private Consumption, Investment and External trades are the factors which are affected theContinue reading “Economics of Pandemic: An overview of COVID-19 impact”

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