As small businesses and start-ups line up to register as micro, small and medi
As small businesses and start-ups line up to register as micro, small and medium enterprises (MSMEs), most do not stand to benefit from the government’s relief package, say officials.
This saw a surge in start-ups and small businesses across the country logging in to the MSME Ministry’s registration portal — Udyog Aadhaar — hoping to get a shot of liquidity through the loans, as well as other benefits.
Experts, however, say the loan scenario looks bleak.
“These new loans are categorised as ‘additional working capital finance’ for firms which have already been…