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Opinion | Save small enterprises before they collapse

India covid-19 economy Government bill
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Delayed fiscal relief for small businesses reeling under the lockdown has made it harder for them to recover. MSMEs urgently need our help.

Let’s not lose time on perfecting its delivery The covid-19 pandemic has battered all sectors of the economy, but perhaps none so badly as India’s micro, small and medium enterprises (MSMEs).

If the sector was left weakened by the twin shocks of demonetization and a cumbersome goods and services tax in 2016 and 2017, the coronavirus lockdown of 2020 appears to have sounded the death knell of many.

The business operations of most have been more or less under siege for more than 40 days now, but the government is yet to firm up a fiscal support package that would relieve their stress.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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