Smoke And Mirrors: INR 20 Lakh Cr Covid-19 Relief Package For Startups, MSMEs Is Just A Mirage

Smoke And Mirrors: Why INR 20 Lakh Cr Is Clickbait For MSMEs, Startups And Not ReliefWe have all seen the memes and the headlines — INR 20 Lakh Cr. India, like every other major economy in the world, allocated a significant part of its GDP to fight the recession caused by the Covid-19 pandemic. Initially announced by Prime Minister Narendra Modi, and detailed by the finance minister Nirmala Sitharaman over the course of the next six days, much of this relief package is yet to be rolled out. A large focus of this package has been to support the impacted micro, small and medium enterprises (MSMEs), which are often called the backbone of the Indian... This is an Inc42+ Member Exclusive story. Read this story on Inc42.

Link : https://inc42.com/features/smoke-and-mirrors-inr-20-lakh-cr-covid-19-relief-package-for-startups-msmes-is-just-a-mirage/
Author :- Suprita Anupam
May 23, 2020 at 01:39PM
Inc42 Media 

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