COVID-19: The Crippled Economic Situation

Bhubaneswar: The Covid-19 has been dismantling the economy of the world since two and a half years. People have been continuously fighting to protect themselves and governments on various levels have been imposing set of restrictions and guidelines in phases to prevent the wrath of the deadly virus. Around 215 countries are catastrophed with the…

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SIDBI net profit up 3.6% in FY 2021 compared with FY 2020

Bhubaneswar : In the 23rd Annual General Meeting of Small Industries Development Bank of India (SIDBI), an all India Development Financial Institution, engaged in creating an integrated credit and development support ecosystem for Indian Micro, Small and Medium Enterprises (MSME),  the financial results for the year ended March 31, 2021 were declared. Shri Sivasubramanian Ramann,…

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Centre announced special package for agriculture & MSMEs

Bhubaneswar: The central government has announced that the agricultural and MSMEs will get 3 lakh crores of loan to revive their businesses. The MSMEs which have been facing losses will get Govt aids.The cabinet minister Prakash Jawdekar has said this in a press brief after the cabinet committee meeting.  The fisheries will get twenty thousand crores…

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