Stimulus Package – Part 1 – MSME

We begin this series with a detailed explanation of the 5 Stimulus Packages announced by the FM and concludes with the overall impact of the 20 + Lakh Crore Stimulus Package on the Economy in the Short & Long Term. These will be long reads, but since it’ll have an impact on your lives for at least 10-15 years, we suggest you have a patient read of them all.

Let’s begin…

This part contains Liquidity Measures for MSMEs, Banks and Electricity Distribution Companies (DISCOMS) and its Impact of the Fiscal Discipline of the Indian Economy.

Since MSMEs are the backbone of the Indian economy, providing the largest employment opportunity to our massive population, the Govt. has rightly focused most of its resources on resurrecting this sector first.