Hotels, restaurants tell FinMin banks not cooperating in loan restructuring; may ‘succumb’ by year-end

Hotels, restaurants tell FinMin banks not cooperating in loan restructuring; may ‘succumb’ by year-end

Ease of Doing Business for MSMEs: Ever since the lockdown was enforced by the government in March, the hotel and restaurant sector has been seeking necessary support from the government to help overcome the Covid burden. The sector, which largely has MSMEs, accounts for 12.75 per cent of India’s employment.
Check the source here –Source, Financial Express.

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