Economic&PoliticalWeeklyOct 26, 2021Examining the Covid-19 Relief Package for MSMEsThe Covid-19 relief package for micro , small and medium enterprises and the changes to the defining criteria for MSMEs are examined. While the changes in the MSME definition open the sector to larger enterprises, the composite criteria introduce fresh ambiguities to the defining of MSMEs. Liquidity infusion measures at this juncture without adequate measures to revive demand will not help MSMEs tide over the Covid-19 lockdown-induced crisis.The micro, small and medium enterprises (MSMEs) are of immense importance to the Indian economy, in terms of generating employment, output, and exports.Read more at Economic&PoliticalWeekly
The Covid-19 relief package for micro , small and medium enterprises and the changes to the defining criteria for MSMEs are examined. While the changes in the MSME definition open the sector to larger enterprises, the composite criteria introduce fresh ambiguities to the defining of MSMEs. Liquidity infusion measures at this juncture without adequate measures to revive demand will not help MSMEs tide over the Covid-19 lockdown-induced crisis.The micro, small and medium enterprises (MSMEs) are of immense importance to the Indian economy, in terms of generating employment, output, and exports.Read more at Economic&PoliticalWeekly
