Context: Most Micro Small and Medium Enterprises (MSMEs) have restarted work and the Centre’s credit guarantee has helped plug some cash flow gaps, but they’re staring at weak demand.
Significance of Micro, Small and Medium Enterprises: a sector that employs over 110 million Indians and accounts for roughly one-third of our gross domestic product (GDP).
Measures taken by the Government:
Challenges to the MSMEs
Way Forward: