New Delhi: The government may soon provide much-needed relief to the MSME sector through a financial package that has been among the key demands from MSMEs to tide over current liquidity and cash flow challenges due to the Covid-19 lockdown.
MSME Minister Nitin Gadkari in a webinar on Saturday said that the government is likely to announce a relief package for the MSME sector soon. “We have sent recommendations for a relief package to the Finance Minister and Prime Minister and I hope it will be announced soon.
We will try to give relief to the extent possible,” the minister said addressing the e-event organized by the FICCI Ladies Organisation.
The minister urged businesses for an “integrated approach” to tackle Covid crisis and leverage it to explore new business opportunities. Gadkari had earlier encouraged overseas Indian students as well to participate in India’s response to Covid-19 challenge through opportunities in multiple areas of research, innovation, management, medicine, higher education etc.