Page 30 - MSME BULLETIN 2022 NEW LAYOUT 19082022.indd

MSME & START-UP BULLETIN, VOLUME 1, ISSUE 1, AUGUST 2022

The Government of India did come forward advising work environments and friendly government policies
the banks to help MSE borrowers. Public sector banks but on the other hand they are to play self defying roles
reached out to MSEs extending the much needed for themselves, and for the country. The backbone of
support by providing 20% of the outstanding loan, the Indian economy must slog it out to get calcium on
as on specifi c date, with moratorium and guarantee their own, in order to gain power and respect rather
coverage to banks/lenders. The scheme named ECLGS than sympathy. It is in their hands to be seen as muscle
saved many MSMEs. or fat.
Finally: Moreover, Startups are waiting to seize the limelight.
In all probability MSMEs’ task is cut out clearly. On
one hand they can expect more and more hassle free

30 The Institute of Cost Accountants of India