“It is expected that close to 40 million jobs are at risk during the April-September period of 2020. Hence an urgent relief package is also critical,” Sangita Reddy, president of industry chamber Federation of Indian Chambers of Commerce and Industry (Ficci) said. “It is expected that close to 40 million jobs are at risk during the April-September period of 2020. “He could have also sent signals to the MSME sector who will equally be vulnerable due to the extended lockdown. The Confederation of Indian Industry (CII) pitched for measures tailormade to support MSMEs, considering they are the backbone of the manufacturing and export sectors.

Source: The Telegraph April 14, 2020 21:11 UTC