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<p style="text-align:justify">-Livemint.com</p><p style="text-align:justify"><em>Public support measures helped India’s small businesses survive the pandemic better than feared</em></p><p style="text-align:justify">The robust recovery of India’s economy from the profound shock of the covid pandemic has expectedly triggered debates about the nature of this recovery. While our economic recovery, as reflected in various supply and demand indicators, is acknowledged by many unbiased observers, an examination of its inclusivity is necessary.</p><p style="text-align:justify">As an immediate response to the pandemic, the government put in place a bouquet of safety nets to cushion the impact on vulnerable sections of society and the business sector, including micro, small and medium enterprises (MSMEs). Support measures for MSMEs, such as the Emergency Credit Line Guarantee Scheme (ECLGS) and revision in the definition of MSMEs under the ambit of Atmanirbhar Bharat, helped the vulnerable ones sail through the crisis shock. The ECLGS, in particular, has in the last two years been of benefit to 11.3 million MSMEs, which have availed collateral-free loans amounting to 2.32 trillion.</p><p style="text-align:justify">Please <a href="https://www.livemint.com/opinion/online-views/msmes-have-shown-resilience-in-the-face-of-steep-challenges-11667235555938.html" title="https://www.livemint.com/opinion/online-views/msmes-have-shown-resilience-in-the-face-of-steep-challenges-11667235555938.html">click here</a> to read more.</p> </font>
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<p style="text-align:justify"><em>Public support measures helped India&rsquo;s small businesses survive the pandemic better than feared</em></p>
<p style="text-align:justify">The robust recovery of India&rsquo;s economy from the profound shock of the covid pandemic has expectedly triggered debates about the nature of this recovery. While our economic recovery, as reflected in various supply and demand indicators, is acknowledged by many unbiased observers, an examination of its inclusivity is necessary.</p>
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<p style="text-align:justify">Please <a href="https://www.livemint.com/opinion/online-views/msmes-have-shown-resilience-in-the-face-of-steep-challenges-11667235555938.html">click here</a> to read more.</p>
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Public support measures helped India’s small businesses survive the pandemic better than feared
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<strong>MSMEs have shown resilience in the face of steep challenges -V Anantha Nageswaran and Gurvinder Kaur</strong></h1>
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<p style="text-align:justify">-Livemint.com</p><p style="text-align:justify"><em>Public support measures helped India’s small businesses survive the pandemic better than feared</em></p><p style="text-align:justify">The robust recovery of India’s economy from the profound shock of the covid pandemic has expectedly triggered debates about the nature of this recovery. While our economic recovery, as reflected in various supply and demand indicators, is acknowledged by many unbiased observers, an examination of its inclusivity is necessary.</p><p style="text-align:justify">As an immediate response to the pandemic, the government put in place a bouquet of safety nets to cushion the impact on vulnerable sections of society and the business sector, including micro, small and medium enterprises (MSMEs). Support measures for MSMEs, such as the Emergency Credit Line Guarantee Scheme (ECLGS) and revision in the definition of MSMEs under the ambit of Atmanirbhar Bharat, helped the vulnerable ones sail through the crisis shock. The ECLGS, in particular, has in the last two years been of benefit to 11.3 million MSMEs, which have availed collateral-free loans amounting to 2.32 trillion.</p><p style="text-align:justify">Please <a href="https://www.livemint.com/opinion/online-views/msmes-have-shown-resilience-in-the-face-of-steep-challenges-11667235555938.html" title="https://www.livemint.com/opinion/online-views/msmes-have-shown-resilience-in-the-face-of-steep-challenges-11667235555938.html">click here</a> to read more.</p> </font>
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<p style="text-align:justify"><em>Public support measures helped India&rsquo;s small businesses survive the pandemic better than feared</em></p>
<p style="text-align:justify">The robust recovery of India&rsquo;s economy from the profound shock of the covid pandemic has expectedly triggered debates about the nature of this recovery. While our economic recovery, as reflected in various supply and demand indicators, is acknowledged by many unbiased observers, an examination of its inclusivity is necessary.</p>
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latest-news-updates/msmes-have-shown-resilience-in-the-face-of-steep-challenges-v-anantha-nageswaran-and-gurvinder-kaur.html"/>
LATEST NEWS UPDATES | MSMEs have shown resilience in the face of steep challenges -V Anantha Nageswaran and Gurvinder Kaur | Im4change.org
MSMEs have shown resilience in the face of steep challenges -V Anantha Nageswaran and Gurvinder Kaur
-Livemint.com
Public support measures helped India’s small businesses survive the pandemic better than feared
The robust recovery of India’s economy from the profound shock of the covid pandemic has expectedly triggered debates about the nature of this recovery. While our economic recovery, as reflected in various supply and demand indicators, is acknowledged by many unbiased observers, an examination of its inclusivity is necessary.
As an immediate response to the pandemic, the government put in place a bouquet of safety nets to cushion the impact on vulnerable sections of society and the business sector, including micro, small and medium enterprises (MSMEs). Support measures for MSMEs, such as the Emergency Credit Line Guarantee Scheme (ECLGS) and revision in the definition of MSMEs under the ambit of Atmanirbhar Bharat, helped the vulnerable ones sail through the crisis shock. The ECLGS, in particular, has in the last two years been of benefit to 11.3 million MSMEs, which have availed collateral-free loans amounting to 2.32 trillion.
