Volatility in the government’s budget subsidy to incentivise credit ratings for micro and small enterprises over the past few years is harming these companies as rating agencies are in a fix on whether to invest more for this sector’s ratings. The government gives up to a Rs 40,000 subsidy for MS…
Tag: SMERA Ratings
Demonetisation Effect | Liquidity crunch all over the country, SMEs facing temporary hurdles
In wake of the government’s move to demonetise Rs 500 and Rs 1,000 currency notes, small and medium enterprises (SMEs) are facing temporary difficulties for making payments but are coping with the fall out of demonetisation. The SMEs and micro and small enterprises which by their very natur…