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IMPACT OF CORONAVIRUS ON MSME SECTOR-[A]

The coronavirus has dealt a ‘great blow’ to the MSMEs sector: Nitin Gadkari The minister declared that the country needs to prepare for a dual war, one against COVID-19 and the other on the front of the economy. Union Minister Nitin Gadkari took stock of measures in favor of micro, small and medium-sized enterprises (MSMEs) …

EFFECTS OF CORONA VIRUS_ POOR CREDIT EXPOSURE OF PRIVATE SECTOR BANKS EXPOSED TO MAXIMUM RISK-[a]

A stress test by the regulator before the virus epidemic revealed that the number of non-performing loans in September 2020 could drop from 9.3% in September of last year to 10.5% of total loans, worse to worse under stress. ” As industry and policymakers assess the damage to the banking system caused by the Coronavirus, …

COVID-19 _ THE ECONOMY NEEDS A FRESH START AND MUCH REMAINS TO BE DONE

The pandemic has taught us how difficult it is to depend on other countries to meet our basic needs. Now is a good time to focus on advancing the Make in India program COVID-19 has affected the whole world. The deadly virus has not only cost lives, but it has also destroyed and crippled the …

CORONAVIRUS UPDATE_ THE NEARBY KIRANA STORES STILL HAS ITS MOMENT-(A)

The old Kirana stores are facing the fight against the coronavirus because the large supermarket chains and online supermarkets are struggling to fully resume their activities from the start of the 21-day blockade. In retrospect, it is preferable that around 90% of the Indian retail sector is unorganized. And there are functional public hospitals and …

COVID 19 – Move towards digital platform for a better way of living-(A)

The sudden outbreak of the COVID 19 epidemic all over the world has forced many economies to resort to a total lockdown of non-essential operations, forcing them to revisit their economic strategies in the current scenario. The effect of this major outbreak can be seen in major cities across the globe and life has generally …

National Savings Monthly Income Account-(A)

National Savings Monthly Income Account can be opened by citizens seeking regular income on their investment. It is a risk-free investment that gives monthly returns on the amount deposited. The account can be opened in the local post office as well. Documents Required to open the National Savings Monthly Income Account Account Opening Form Passport …

Join National Pension Scheme Tier I Plan for a comfortable retirement-(A)

National Pension Scheme (NPS) was introduced on 01st May 2009. It is a voluntary retirement scheme introduced by the Government of India for the purpose of granting a pension to the subscribers. All the operations of the NPS are managed and regulated by Pension Fund Regulatory and Development Authority (PFRDA). There are two plans under …

Plan your retirement with Atal Pension Yojana - (A)

Atal Pension Yojna was introduced by the Government of India in the budget year 2015-2016 for the purpose of pension or regular income after achieving the age of retirement. Under this scheme, the investor starts receiving a regular pension after attaining the age of 60. The scheme is administered and monitored by the Pension Fund …

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