his Covid-19 led situation has provided an opportunity in the form of various surprising and illuminating evidence to think about what we are doing and why we are doing.
The low threshold limit in the old definition of MSMEs averts companies from expanding further, which also stops them from enjoying the benefits that are accorded to them by the law. With the emended definitions of MSMEs, they will not have to worry about growing their size and can still avail benefits.
Given the prolonged impact of lockdown, the government not only announced an economic package for the industrial sector but intensively working to help the farmers and labors also.