New Delhi: Apex exporters body FIEO on Tuesday said the micro, small and medium enterprises (MSME) do not have adequate liquidity to pay wages to their employess for the month of April as they are unable to conduct any business activity during the lockdown.
The Federation of Indian Export Organisations (FIEO) reiterated that the government should immediately announce an incentive package and give permisssion for partial resumption of operations in manufacturing units. "The exporters, particularly MSME exporters, have no liquidity to pay wages for the month of April as they are unable to conduct any business activity during the lockdown," FIEO President Sharad Kumar Saraf said in a statement.