New Delhi: Describing the stimulus package announced by the government as “inadequate”, the parliamentary panel has suggested that the government must place steps to produce demand and help increase the “gloomy situation” small company due to a pandemic.
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The steps adopted are more than loan offers and long-term steps instead of increasing cash flows to produce requests as immediate aid.
In the process of economic recovery the first wave of pandemic, the second wave was even more eager to tear the economy, especially the sector MSME.
Committee, therefore, recommends that the government must immediately come out with a larger economic package that aims to strengthen demand, investment, export and generation of employment to help the economy, including MSMEs, to recover from Fallout Pandemi, “the Committee remains in the industry Word in a report.
In addition, he has suggested that the Ministry of Micro Small and Medium (MSME) take emptying measures to ensure that small businesses are protected from the adverse effects of the possible third wave.
The panel, led by Keshava Rao Rao Telangana Rashtra Samithi, also asked the ministry to conduct a survey to ensure the actual impact of the pandemic, and the second wave of MSMEs, because the ministry has so far failed to conduct intensive studies, the report said.
Stimulus is not enough, need to drive a request: parliamentary panel
