The govt has rolled out various schemes for MSMEs and is giving them access to credit amid a liquidity squeeze Shashank Moddhia, chief executive of The Renal Project, a startup that runs a chain of dialysis centres in the suburbs of Mumbai and Pune, is working overtime to get a micro, small and medium enterprise (MSME) registration for his business since the government announced a special package for small businesses impacted by the covid-19 outbreak. “We need to ensure we have access to funds.
We have applied for the MSME registration so that we can avail collateral-free loans at a time when it is even more critical for us to obtain expensive medical equipment to keep the centres running," said Moddhia.