Raja Bhatia

Cryptocurrency prices can vary across different exchanges at any given point in time. This variation occurs due to several factors:

1. Market Demand and Supply: The prices of cryptocurrencies are determined by the supply and demand dynamics in the market. If the demand for a particular cryptocurrency is higher on one exchange compared to others, its price may be higher on that exchange.
2. Liquidity: Liquidity refers to the ease with which an asset can be bought or sold without causing significant price movements. Exchanges with higher liquidity typically have narrower spreads (the difference between bid and ask prices) and more stable prices compared to exchanges with lower liquidity.
3. Geographical Differences: Cryptocurrency exchanges operate in different regions and jurisdictions, and each may have its own market conditions and regulatory environment. This can lead to price discrepancies between exchanges based on factors such as local demand, trading volume, and regulatory constraints.
4. Exchange-Specific Factors: Each exchange may have its own trading fees, trading pairs, order book depth, and user base, which can influence the prices of cryptocurrencies on that exchange.
5. Arbitrage Opportunities: Traders often exploit price differences between exchanges through arbitrage, buying a cryptocurrency on one exchange where it is cheaper and selling it on another exchange where it is more expensive. This arbitrage activity helps to align prices across exchanges but may not eliminate price differences entirely due to factors like transaction costs and transfer times.

Overall, while cryptocurrency prices tend to be broadly similar across exchanges, there can be significant variations between them at any given time. Traders and investors often monitor multiple exchanges to capitalize on price discrepancies and optimize their trading strategies.

Source: https://www.india.gov.in/spotlight/pradhan-mantri-vishwakarma-scheme

PM Vishwakarma, a Central Sector Scheme, was launched on 17th September, 2023 by the Prime Minister to provide end-to-end support to artisans and craftspeople who work with their hands and tools. The Scheme covers artisans and craftspeople engaged in 18 trades, viz. Carpenter (Suthar/Badhai), Boat Maker, Armourer, Blacksmith (Lohar), Hammer and Tool Kit Maker, Locksmith, Goldsmith (Sonar), Potter (Kumhaar), Sculptor (Moortikar, stone carver), Stone breaker, Cobbler (Charmkar)/ Shoesmith/Footwear artisan, Mason (Rajmistri), Basket/Mat/Broom Maker/Coir Weaver, Doll & Toy Maker (Traditional), Barber (Naai), Garland maker (Malakaar), Washerman (Dhobi), Tailor (Darzi) and Fishing Net Maker.

BENEFITS TO THE ARTISANS AND CRAFTS PERSONS

The Scheme envisages provisioning of the following benefits to the artisans and crafts persons:

• Recognition: Recognition of artisans and craftspeople through PM Vishwakarma certificate and ID card.
• Skill Upgradation: Basic Training of 5-7 days and Advanced Training of 15 days or more, with a stipend of Rs. 500 per day.
• Toolkit Incentive: A toolkit incentive of upto Rs. 15,000 in the form of e-vouchers at the beginning of Basic Skill Training.
• Credit Support: Collateral free ‘Enterprise Development Loans’ of upto Rs. 3 lakh in two tranches of Rs. 1 lakh and Rs. 2 lakh with tenures of 18 months and 30 months, respectively, at a concessional rate of interest fixed at 5%, with Government of India subvention to the extent of 8%. Beneficiaries who have completed Basic Training will be eligible to avail the first tranche of credit support of upto Rs. 1 lakh. The second loan tranche will be available to beneficiaries who have availed the 1st tranche and maintained a standard loan account and have adopted digital transactions in their business or have undergone Advanced Training.
• Incentive for Digital Transaction: An amount of Re. 1 per digital transaction, upto maximum 100 transactions monthly will be credited to the beneficiary’s account for each digital pay-out or receipt.
• Marketing Support: Marketing support will be provided to the artisans and craftspeople in the form of quality certification, branding, onboarding on e-commerce platforms such as GeM, advertising, publicity and other marketing activities to improve linkage to value chain.

In addition to the above-mentioned benefits, the Scheme will onboard the beneficiaries on Udyam Assist Platform as ‘entrepreneurs’ in the formal MSME ecosystem. Enrolment of beneficiaries shall be done through Common Service Centres with Aadhaar-based biometric authentication on PM Vishwakarma portal. The enrolment of beneficiaries will be followed by a three-step verification which will include Verification at Gram Panchayat/ ULB level, Vetting and Recommendation by the District Implementation Committee and Approval by the Screening Committee.

WordPress is the most popular CMS (Content Management System) today for launching websites and online stores (using WooCommerce plugin). HubSpot WordPress plugin is one of the recommended tools to add comprehensive CRM (Customer Relationship Management) capabilities to a WordPress site.

Bird’s eye view of HubSpot WordPress plugin

Feel free to raise your issues on WordPress.org forum, and there should be a suitable reply by HubSpot Plugin Support team.

For instance, while adding chat button, I faced an issue and raised the below thread:

While free HubSpot CRM is a great way to start with, soon you could consider upgrading in order to leverage pro HubSpot features

My advise is to upgrade to their starter plan once you have your website/app ready and formulated your business plan.

It is only logical that HubSpot plugin by default leads to Marketing Hub free plan, given that tools like adding chat buttons on a website are predominantly to generate leads from first time customers. It is another thing that one may have their websites created solely for managing sales or customer support. In that case instead of Marketing, consider upgrading to their Sales or Customer Service plans.

After installing free WordPress plugin and getting the same connected with free HubSpot CRM, I raised the below query on HubSpot plugin support forum on WordPress.org regarding upgrading:

Starter plans after activating Hubspot plugin: Which to choose?

Can one subscribe to any of the starter plan (Sales/Marketing/CRM) in order to avail features like associate contacts with companies/deals/tickets?

Here is the link to detailed reply by a HubSpot Plugin Support member:

Many of the tools overlap and at the end of the day, there is perhaps no thin line of difference between marketing, sales, and customer support. Many will actually use HubSpot to provide a mix of all the three, and HubSpot plans are flexible enough to accommodate them.

In addition to Marketing, Sales, and Customer Service, there are also CMS and Operations. CMS is about building and hosting sites using proprietary HubSpot CMS. Even WordPress users can consider having HubSpot as an additional hosting platform.

Some of our most successful customers leverage CMS Hub to build microsites for their business, allowing their marketing team to quickly build out sites for key initiatives separate from their corporate website.

WordPress vs HubSpot

Operations plan is geared towards everything needed to connect apps, sync and clean customer data, and automate business processes.