Monday, September 21, 2020
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Finance Minister’s initiatives will help MSMEs emerge stronger

The Covid–19 situation amplifies impact and raises questions on the survival of several MSME enterprises. Finance Minister, Nirmala Sitharaman announced six package benefits that will be beneficial well beyond the Covid-19 situation, allowing micro, small and medium enterprises to become more self-reliant.

Also Read: The sea change in the MSME sector

Of six initiatives that Finance Minister Nirmala Sitharaman announced for the MSMEs, three were finance initiatives, two were market access initiatives and there was one for definition alteration.

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