Businesses have been taking a hit due to Covid-19 lockdown. The services sector is also slowing down with more people opting for social isolation.The government has started taking some steps to keep the MSME segment afloat. The Government eMarketplace ( GeM ) could be of great use to suppliers looking for purchasers and vice versa. Most businesses are looking for financial support from the government and doing this can help them cope with cash flow problems. Relaxing bad loan norms could also be a saving move for this sector.Businesses that are into exports could use some help with inventory management.

Source: Economic Times April 02, 2020 07:52 UTC