Apr 20, 2022
In Welcome to the Forum
Household and personal care products, and food UAE Mobile Number Database and beverage sector. Due to the fear of corona virus people are avoiding to stock essential commodities such as rice, flour and lentils due to which their is rise in the sales of FMCG companies which saw it fall in trade due to disrupted chain supply. MSME: This sector contributes 305 to 35% to the Indian GDP. Maharashtra, Tamil Nadu, and Madhya Pradesh have the highest number of UAE Mobile Number Database registered MSME'S according to an estimated study by AIMO a quarter of over 75 million is facing closure and if the closure still continues for four weeks then if will affect the employment of 114 UAE Mobile Number Database million people affecting the GDP. Garments, consumers goods, logistics have faced a UAE Mobile Number Database decrease in the business and the MSMEs engaged is still functioning UAE Mobile Number Database but is likely to isolate due to the purchasing capacity and plunging liquidity constraints. Since most of the MSMEs depend on the loan funding from the government, there has been a relief since the RBI had announced a three months repayments of loans and reduction in the repo rate. Stated above are some UAE Mobile Number Database of the negative impacts that the corona virus has on the UAE Mobile Number Database economy of India. But this pandemic has all taught us many things. Many Multi National Companies have now shifted from UAE Mobile Number Database physical to online platforms. People have now started working from home. The digital world got a push during this pandemic as people have now started using apps like PayTM, Google pay for the payment instead of using cash. The schools and colleges have now started operating UAE Mobile Number Database online on zoom meeting, Google meets and Google classrooms. Students are now able to access their assignments online and they can now give their exams online through various platforms. This crisis also highlighted the importance of investing in technologies and such as cloud data, self service UAE Mobile Number Database capabilities, e-business, e-governance and cyber security.