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Why our MSMEs have very few options left to survive

More than one-third of the micro, small and medium enterprises (MSMEs) will be pulling down their shutters as a result of the present economic trough, despite the liquidity measures promoted by the FM.

A very recent survey by All India Manufacturers’ Organisation revealed that more than one-third of the micro, small and medium enterprises (MSMEs) will be pulling down their shutters as a result of the present economic trough.

This phenomenon prevails despite the slew of liquidity measures promoted by the FM for the MSMEs, which entail collateral-free automatic loan worth Rs 3-lakh crore for borrowers with up to Rs 25 crore outstanding and Rs 100 crore turn-over, with loans having a 4-year tenure and moratorium for 4 months. MSMEs are able

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