New Delhi, July 14 -- Already facing the hit of COVID-19 pandemic, the Micro, Small and Medium Enterprises (MSMEs) seem to be in more trouble in the coming days, according to Former Chief Statistician Pronab Sen.
While delivering the TN Srinivasan Memorial Lecture, titled Data in Coronavirus Times, organised by the National Council of Applied Economic Research (NCAER), Sen on Monday warned that if the government takes too long to take fiscal steps, this may kill the MSMEs.
Sen said that for two months, these businesses faced production issues and now if they face further three months of lack of demand, they will die adding that ''if the government does not take fiscal steps soon to revive the economy, MSMEs will have to shut shop.
Th...