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February 26, 2021
Startup digest: Top startup stories of the week
    • February 26, 2021
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    This is a welcome announcement by the RBI, the one-time restructuring and extension of moratorium is definitely a welcome relief to an already stressed sector. MSMEs had just about recovered from the ramifications of last year's pandemic and 2021 had begun on a more positive note for small businesses who were looking to scale up this year. However, the unexpected Covid surge and subsequent lockdowns is pushing the MSME sector to its limits. The new allowances will save many small businesses who in turn are our surest bet to economic recovery in India given MSME contributions to national GDP, exports and to job creation.

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