FISME

Govt should allow MSMEs to do home delivery to help sustain livelihood: FISME

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Industry body FISME on Tuesday suggested the central and state governments that MSMEs be allowed to do home delivery of products during the lockdown hours to help the sector grow during the COVID-19 crisis. It said India is home to about 6.3 crore micro, small and medium enterprises (MSMEs) which form the backbone of the … Read more

Small companies’ NPAs set to go up, job cuts on the cards

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New Delhi: Non-performing assets in micro, small and medium enterprise (MSME) sector are likely to increase as the moratorium on the repayment of term loans ends in August and these businesses are expected to cut more jobs over the next month, an industry body has said. Citing the findings of a survey, it said job … Read more