MSMEs are the first to take hit in an economic downturn. This time too, many MSMEs are hit hard due to the onslaught of the pandemic. The demand on the ground has slowed to a trickle. Adding to the woes, a good number of skilled workforce has moved back to their home states due to the prolonged lockdown.
from Moneycontrol Latest News https://www.moneycontrol.com/news/sme/indiaâs-msmes-hit-hard-by-covid-19-what-lies-ahead-for-small-entrepreneurs_13960761.html
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