Why credit alone isn’t enough to address MSME woes
Very few — just 11% of MSME units — are registered with the Centre and ECLGS credit has reached only 15% of all units, thus leaving out 85% of units.
eclgs
February 2022
April 2021
Budget 2022: ₹50,000 crore earmarked for hospitality in ECLGS extension
Industry stakeholders have welcomed the move, which is touted to provide immediate relief to the struggling sector
Cautiously optimistic credit outlook for FY22: CRISIL
Aided by strong demand recovery, credit ratio rebounds to 1.33 in H2FY21, from 0.54 in H1FY21. GDP could grow at 11% in FY22, but the resurgence in Covid-19 cases is a key downside risk, says CRISIL.
