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It will take almost 15 years for the Indian economy to recover from the losses suffered during the coronavirus pandemic, according to the Reserve Bank of India (RBI) FY22 monetary and financial report. “Assuming a real growth rate of -6.6% for 2020-21, 8.9% for 2021-22 and an assumed growth rate of 7.2% for 2022-23 and …
Union Finance Minister Nirmala Sitharaman said on Sunday that the overall economic recovery plan for the ATMANIRBHAR BHARAT MISSION was Rs 20.97.053, as it summed up the funds previously spent. According to Nirmala Sitharaman, the first advertising tranche as part of the economic package for Prime Minister Narendra Modi amounts to 594,550 rupees. On Wednesday, …
![AMAZON INVESTS 10 MILLION RUPEES IN EXPANDING LOCAL KIRANA PROGRAM AND ADDING STORES-[A]](https://blog.mudrahome.com/wp-content/uploads/2020/06/AMAZON-INVESTS-10-MILLION-RUPEES-IN-EXPANDING-LOCAL-KIRANA-PROGRAM-AND-ADDING-STORES-A.png)
The retail giant said the program would allow local players with no online experience to sell on its website, particularly in the world of electronic coronavirus queues. Amazon will invest 10 million rupees in its Local Amazon Stores program, which includes Kirana, electronics, and other local businesses. The exercise will expand the program’s pilot project, …
![Grocery & Vegetable Shopping DuringCovid 19 Lockdown [A]](https://blog.mudrahome.com/wp-content/uploads/2020/05/Grocery-Vegetable-Shopping-DuringCovid-19-Lockdown-A.png)
Amidst the extension of the lockdown announced by Central Government of India and State Governments in order to prevent and curb the spread of Corona Virus disease across India, it is a necessity to move out of the house for the purchase of essential commodities such as fruits and vegetables, milk and milk products, grocery …
The global economy has been going through some transformation due to the current pandemic that has hit the major economies around the globe, much is dependent on the government strategies to minimize the overall financial impact of Corona Virus on the economy as the affected cases swiftly rising to cross 10,000 mark despite the strict …
![Current Scenario with Ecommerce SectorAmidst Corona Virus- [A]](https://blog.mudrahome.com/wp-content/uploads/2020/04/Current-Scenario-with-Ecommerce-SectorAmidst-Corona-Virus-A.png)
Ecommerce has been one of the fastest-growing sectors In India recently. The industry had recorded a growth rate of 28 percent last year with overall sales of 32 billion dollars across the sector in 2019. Further, the estimated growth for the sector was predicted to be 26 percent in 2020. However, the spread of coronavirus …
![IMPACT OF CORONAVIRUS ON MSME SECTOR-[A]](https://blog.mudrahome.com/wp-content/uploads/2020/04/IMPACT-OF-CORONAVIRUS-ON-MSME-SECTOR-A.png)
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]](https://blog.mudrahome.com/wp-content/uploads/2020/04/EFFECTS-OF-CORONA-VIRUS_-POOR-CREDIT-EXPOSURE-OF-PRIVATE-SECTOR-BANKS-EXPOSED-TO-MAXIMUM-RISK-a.png)
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, …