DTNEXTNov 9, 2021Several MSMEs in ICU, will need oxygen to survive: AssociationAbout 73 per cent of small and medium businesses have not made any profit during the last FY 20-21, as per a survey conducted by the Consortium of Indian Associations (CIA) and its 50 partner SMB associations across India.Coimbatore: Observing that the SMBs have been finding it extremely difficult to recover from the shocks of demonetisation, GST introduction, economy slowdown and COVID-1 and 2-induced lockdowns over the last 18 months, it said, 42 pc were unable to decide on retention of employees.Read more at DTNEXT
About 73 per cent of small and medium businesses have not made any profit during the last FY 20-21, as per a survey conducted by the Consortium of Indian Associations (CIA) and its 50 partner SMB associations across India.Coimbatore: Observing that the SMBs have been finding it extremely difficult to recover from the shocks of demonetisation, GST introduction, economy slowdown and COVID-1 and 2-induced lockdowns over the last 18 months, it said, 42 pc were unable to decide on retention of employees.Read more at DTNEXT
