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MSMEs need concentrated, right kind of relief package: ASSOCHAM

MSME needs concentrated, right kind of relief package: Assocham

Industry body Assocham has demanded from the government a concentrated and right kind of relief package for MSME sector, which was most affected by covid-19 pandemic. Yes, there is a need for a relief package which has to be directed very carefully. We at Assocham believe that both the Centre and the states need to come together with certain plans, so that we can give a concentrated, focused and the right kind of relief to whoever needs it the most, Assocham president Vineet Agarwal told PTI on Sunday. Suggesting some measures, he said banks should increase working capital limit of MSMEs by 20 per cent but not charge any extra collateral.

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