Home / business / GDP Contraction Poses 'Existential Threat' to MSMEs, Policy Measures Offer Little Succour: Report

GDP Contraction Poses 'Existential Threat' to MSMEs, Policy Measures Offer Little Succour: Report

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The micro, small and medium enterprise (MSME) sector will have to face a sharper decline in revenues of up to 21 per cent, while operating profit margins will narrow to 4-5 per cent, said the research wing of domestic ratings agency Crisil.

from Top Business News- News18.com
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GDP Contraction Poses 'Existential Threat' to MSMEs, Policy Measures Offer Little Succour: Report GDP Contraction Poses 'Existential Threat' to MSMEs, Policy Measures Offer Little Succour: Report Reviewed by Team Exprssnews on June 15, 2020 Rating: 5

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