UNDERWRITING THE FOUNDATION OF MICROFINANCE
By Shailesh Kumar The Mother of all festivities, Diwali is over, but the festive mood continues. Trends suggest that festive sales really boomed this year of 2023, like never before. Estimates from the Confederation of All India Traders show that on Diwali retail markets across India did a record trade of Rs 3.75 lakh crore. Experts have noted that sales jumped during the festive period. This is also attributed to the recent surge in sales having its genesis in pent-up demand especially from deferred purchases. It is also noted that...