India Today

The cash quotient

Liquidity crunch, unfriendly policies have taken a heavy toll on the MSME sector

The Micro, Small & Medium Enterprises (MSMEs) sector literally forms the backbone of the Indian economy. Some 65 million MSMEs account for 120 million jobs. Two big policy moves by the Narendra Modi government have left the sector struggling. Demonetisation, which took

You’re reading a preview, subscribe to read more.

More from India Today

India Today2 min read
The Right Balance
WITH THE POST-COVID RECOVERY IN FULL SWING, MAINTAINING THE country’s fiscal balance is a must. Union finance minister Nirmala Sitharaman was justly applauded for not hitting the panic button or taking drastic fiscal management measures during the pa
India Today2 min read
A Sluggish Pace
PRIVATE INVESTMENT, ALONG WITH CONSUMPTION, government spending and exports, is a key component of growth. After the NDA came to power in 2014, private investment increased initially, but soon began to slow down. Total value of completed investment p
India Today2 min read
Struggling for Survival
THE MSME (MICRO, SMALL & MEDIUM ENTERPRISES) SECTOR was among the worst hit in the Covid-19 pandemic. Numerous units shut shop due to a lack of consumer demand and liquidity. To help businesses stay afloat, the government implemented various schemes,

Related Books & Audiobooks