MoneycontrolDec 23, 2021About 9% MSMEs got shut down due to COVID-19 disruptions, govt tells Lok SabhaOn the question about providing support to MSMEs, the minister said loans amounting to Rs 2.82 lakh crore have been sanctioned to businesses.An online survey conducted by National Small Industries Corporation Ltd found that about 9 percent of micro, small and medium enterprises (MSMEs) have closed down as a result of the COVID-19 pandemic, minister Narayan Rane said.In a written reply to a question by Congress leader Rahul Gandhi, Rane said that an online survey conducted in August last year covering around 5,744 MSMEs in 32 states/UTs found that 91 percent of them were functional while 9 percent had closed due to COVID-19 impact.Read more at Moneycontrol
On the question about providing support to MSMEs, the minister said loans amounting to Rs 2.82 lakh crore have been sanctioned to businesses.An online survey conducted by National Small Industries Corporation Ltd found that about 9 percent of micro, small and medium enterprises (MSMEs) have closed down as a result of the COVID-19 pandemic, minister Narayan Rane said.In a written reply to a question by Congress leader Rahul Gandhi, Rane said that an online survey conducted in August last year covering around 5,744 MSMEs in 32 states/UTs found that 91 percent of them were functional while 9 percent had closed due to COVID-19 impact.Read more at Moneycontrol