Street vendors cannot access bank loans despite their inclusion in MSMEs. Urban street vendors now fall under the ambit of Ministry of Micro, Small, and Medium Enterprise (MSME) but they are unable to get loans because they fail to meet the eligibility criteria. Vijaylaxmi, a street vendor at Krishna Rajendra (K.R.) Market said that she […]
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The cosmetic industry’s post-Covid slump continues, although there is a shift in customers’ attitudes. In 2020, India’s lip makeup market sales declined by 2.18 percent. Majority of the cosmetic brands in India have recorded losses. The Body Shop reported their net income in negative figures in 2020 which was Rs. 650.2 million. Sugar cosmetics recorded […]
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The influx of domestic and foreign tourists to Odisha decreased by 3.12 percent between 2019 and March 2020. Cuttack: The 2019 Fani cyclone and the 2020 COVID-19 pandemic have proved to be a major hurdle for the hospitality business in Puri in Odisha. The manager of the Hotel, Prabhupada in Puri said that business has […]
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Olympic organisers say they’ll hand out 150,000 condoms to athletes. Jammu: As Japan prepares itself to host the Tokyo Olympics, despite the backlash and the protests from the public, local condom companies are looking forward to capitalise on the influx of athletes. “Only two companies, Sagami and Okamoto, are producing the 0.02 and 0.01-millimeter condoms, […]
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Lawn owners are hard hit with the second wave of Covid. Jaipur: Due to lockdown, and restrictions in events, wedding lawn owners are facing a loss in their business. Om Sodhani, director of Sodhani Farms Banquet and Garden said, “Our lawn has been shut since the lockdown started. As per the government guidelines, we have […]
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With lockdown imposed, electricians and plumbers have difficulty procuring raw materials for their work. Bengaluru: As fewer people are availing the services of electricians and plumbers during the ongoing lockdown , they are finding it difficult to procure raw material and run their businesses., Mahesh P of Arya electricals said, “We have closed our shop […]
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Since the pandemic began, Indore has been empty of students, and hostel owners and property brokers have experienced a corresponding drop in business as a result. Bhawarkua Square is a student neighbourhood in the district, with over 60 private hostels and many property brokers. Since the beginning of the pandemic last year, all the property […]
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The daily lockdown, along with the rising number of bird-flu cases, has dimmed meat-shop owners’ hope of earning a profit. Ludhiana: Balwinder Singh, owner of Friends Chicken Centre, is distressed because his business has been running in losses since the pandemic started. The 17-hour-long daily curfew has only added to his woes. “The number of […]
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Silk sarees degrade due to lower sales in the pandemic. Bangalore: Expensive silk sarees have piled up in stores for a year in the lock down. This has led to the deteriorated quality and color of these sarees. Saree shop owners said that sarees worth rupees Rs. 10,000 to Rs. 12,000 are being sold at […]
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Shopkeepers on Avenue road witness fewer customers due to road construction. Bengaluru: Just when the shopkeepers on Avenue Road were witnessing an increase in sales after the lockdown, the road construction work has again hit their sales. Shopkeepers are suffering losses as the 970 metre road is closed on both sides. Pavan Kalyan, the site […]
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