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The cold stores need to run 24X7 to preserve the stored goods. The compressors cannot be shut down even when the capacity is not fully utilized. The movement of perishables to and from cold stores has considerably reduced during the lockdown period and has led to severe liquidity crunch for the promoters,” said Harsimrat KaurContinue reading

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Ease of Doing Business for MSMEs: The government is working on creating an agro MSME category to push entrepreneurship in rural and tribal areas and help manufacturing via local and raw produce. https://www.financialexpress.com/industry/sme/msme-eodb-nitin-gadkari-agro-msme-gram-panchayat-industry-cluster-rural-entrepreneurship/1967648/

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“Loans worth over Rs 6.45 lakh crore were sanctioned by PSBs during March 1 – May 15 for 54.96 lakh accounts from MSME, Retail, Agriculture & Corporate sectors; A notable increase compared to the Rs 5.95 lakh crore sanctioned as of May 8,” Finance Minister Nirmala Sitharaman said in a tweet. Read more at: https://economictimes.indiatimes.com/industry/banking/finance/banking/rs-6-45-lakh-crore-worth-loans-sanctioned-by-psbs-during-march-1-may-15/articleshow/75822770.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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