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IT Staff Augmentation: Before and After COVID 19

  A pandemic has never been expected to bring about such drastic changes in life. Among the industries that have been affected by the Coronavirus are hospitality, entertainment, and travel. A shift in business processes and work patterns were observed in the IT sector, however.   IT staff augmentation   has instead brought productivity to the IT sector, unlike the unlucky domains impacted by the economic downturn and other regulatory measures. During the pre-COVID era, companies that were short of staff or skill sets would use staff augmentation to supplement their resources. After social distancing measures and the implementation of work-from-home programs were implemented,  IT  companies lost the ability to distinguish between onshore and offshore remote developers. Statistics According to a Statista report, the global outsourcing market was worth $ 92.5 billion in 2019. Pandemic, the IT staff augmentation market size grew to $ 132.9 billion. With the strict lockdown implementations,

Digital Lending The Game-Changer For SME Financing

  Indian SMEs and MSMEs are the backbone of the economy . Contributing to GDP, exports, and employment, they play an important role in the economy. Until the last few years, however, financial institutions underserved SMEs, which hampered their growth. The lack of ease in the transaction was one of the prime difficulties faced by SMEs until the last decade. But now the scenario has changed. For rural and urban SMEs, banking has become much easier and faster. The Indian government's great support for SMEs is helping to bridge the gap and create a whole new image for SMEs. The Indian government prefers electronic payments over hard cash.  Several government-funded loan schemes operate only through online transactions.To upgrade cash transactions to online transactions, the government runs schemes like CGTMSE, MUDRA and Stand Up India.  These credit cards transfer the loan amount directly to the beneficiary's bank account, which indirectly encourages online shopping. In 2017, the