Public relations (PR) might sound like a fancy buzzword thrown around by big corporations, but it’s so much more than that. Whether you’re running a small startup, a medium-sized business, or a large corporation, having a PR agency in your corner can be a game-changer. Let’s dive into why every company, regardless of size, must have a public relations agency. The Importance of Public Relations , Public relations are about shaping perceptions and managing the flow of information between a company and the public. It’s a strategic communication process that builds mutually beneficial relationships. In a nutshell, PR is the art of storytelling—crafting a narrative that resonates with your audience. PR for Small Businesses , Small businesses often operate on tight budgets, making every marketing dollar count. Here’s where PR comes into play, offering cost-effective solutions to boost visibility and credibility. Establishing a Strong Brand Presence , In the crowded mar...
Detailed Explanation on Economic Stimulus Package of 20 Lakh Crores The mega Rs 20 lakh crore stimulus package announced on Tuesday by Prime Minister Narendra Modi includes previously announced measures to save the lockdown-battered economy, and focuses on tax breaks for small businesses as well as incentives for domestic manufacturing. The combined package works out to roughly 10 per cent of the GDP, making it among the most substantial in the world after the financial packages announced by the United States, which is 13 per cent of its GDP, and by Japan, which is over 21 per cent of its GDP. The Rs 20 lakh crore package includes Rs 1.7 lakh crore package of free foodgrains to poor and cash to poor women and elderly, announced in March, as well as the Reserve Bank's liquidity measures and interest rate cuts. While the March stimulus was 0.8 per cent of GDP, RBI's cut in interest rates and liquidity boosting measures totaled to 3.2 per cent of the GDP (about Rs ...