Small Entrepreneurs Will Now Be Able To Easily Take Loans

Small entrepreneurs will now be able to easily take loans up to 25 lakhs, adding loans up to 25 lakhs to CRR will benefit.

Entrepreneurs associated with the MSME sector will now be able to get loans up to 25 lakh easily. Recently, the new system of RBI is going to give this benefit to small entrepreneurs.

According to government figures, there are 60 million MSMEs in India and millions of these entrepreneurs are running the business alone.

They all fall under the category of micro or micro-entrepreneurs. The new system of RBI will mainly benefit these micro-entrepreneurs.

MSMEs can also take fully government-guaranteed loans until March 31, which was announced in May last year.

Petrol Diesel Prices Today: Petrol and Diesel Prices Increase Again, Know What Are The Prices Today

Petrol, diesel prices in metro cities reached new record levels on Tuesday 9 February. After the increase in rates by oil marketing companies, petrol and diesel prices increased by 35 paise per liter today.

According to the Indian Oil Corporation, the price of petrol in Delhi increased from 86.95 per liter to Rs 87.30 per liter after increasing by 35 paise, while diesel rose from 77.13 per liter to 77.48 per liter.

Meanwhile, the prices of petrol and diesel in Mumbai reached 93.83 per liter and 84.36 per liter respectively. It was the highest among all the four metros.

Petrol in Chennai rose by Rs 89.70 and diesel by Rs 82.66 and in Kolkata by petrol by Rs 88.63 and diesel by Rs 81.06. In Kolkata, petrol price reached Rs 88.63 per liter and diesel reached Rs 81.86 per liter.

It is known that Brent oil prices exceeded $ 60 per barrel on Monday. It rose 1.26 percent to $ 60.19 a barrel.

Crude prices have continued to rise for the past one week following the announcement of the rescue package by US President Joe Biden.

Crude support was also supported by cuts in crude supplies and hopes of a relief package in the US. Petrol and diesel prices go up after adding excise duty, dealer commission, and other items.

It is noteworthy that ‘Agri Infra Cess’ of Rs 2.5 per liter on petrol and Rs 4 per liter on diesel has been imposed in the budget 2021-22. However, this will not put any burden on the public.

Petrol in Noida is 86.41 and diesel is Rs 77.90 per liter, in Ranchi petrol is 85.57 and diesel is Rs 81.96 per liter. Talking about Patna, petrol reached Rs 89.74 per liter and diesel reached Rs 82.66 per liter.