Efforts to offset GST, demonetisation impact on MSMEs a bit late2 min read . Updated: 04 Jan 2019, 07:11 AM IST
Many MSME units suffered severe hardships, including shutdowns and employee layoffs, due to demonetisation and introduction of a flawed GST regime
If desires are truly nourished by delays, then the government’s overdue, albeit tacit acknowledgement of the havoc wreaked by demonetisation, communicated via a flurry of remedial measures announced over the past couple of weeks, should definitely gladden the hearts of millions of small-scale units that bore the brunt of this unprecedented and unilateral action. But that might be wishing for too much, besides being, perhaps, a bit too late.
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