BusinessLineNov 19, 2021Covid, rising costs, flooding... the multiple woes of MSMEsThis is probably one of the worst phases for MSMEs as they are being hammered by multiple challenges at the same time.While Covid inflicted huge pains to MSMEs, the recovery process became even more challenging due to inadequate support from the government and tepid demand, followed by unprecedented increase in prices of raw materials.Now, monsoon rains have hit many micro and small units in and around Chennai.Read more at BusinessLine
This is probably one of the worst phases for MSMEs as they are being hammered by multiple challenges at the same time.While Covid inflicted huge pains to MSMEs, the recovery process became even more challenging due to inadequate support from the government and tepid demand, followed by unprecedented increase in prices of raw materials.Now, monsoon rains have hit many micro and small units in and around Chennai.Read more at BusinessLine
