“One is the immediate help for improving the liquidity of MSMEs; second, if unit is in trouble then support by way of subordinated debt which is guaranteed by the government, and third is the Fund of Funds which I presume would also get operationalised very soon,” Kumar said, listing the number of initiatives taken by the government for the struggling, pandemic-impacted MSME sector. He was addressing a virtual MSME Conclave organised by FICCI’s Karnataka State Council.
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