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Smoke And Mirrors: INR 20 Lakh Cr Covid-19 Relief Package For Startups, MSMEs Is Just A Mirage

Smoke And Mirrors: INR 20 Lakh Cr Covid-19 Relief Package For Startups, MSMEs Is Just A Mirage

Without direct sops for IT and IT services companies, the burden on many startups hit by the Covid-19 crisis will not be eased

Investors say AIF-driven fund of funds could help MSMEs raise equity funding and plan for IPOs to solve working capital burden

It would take at least a decade to inject the INR 10K Cr fund of funds into MSMEs based on earlier government schemes

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