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siddhant4u

Well-Unknown Member
What explains GOVT killing MSME Business completely which employs largest no of ppl in the country while opening up FDI and laabour laws apart from compete sellout to crony capitalist to create monopolies ?

SC refuses interim protection to MSMEs against payment of wages

https://www.livemint.com/news/india...-against-payment-of-wages-11588965402872.html
one can deduce that if forced to pay salaries when in distress, some msme's will default on loan and might go bankrupt...

many MSME business owners spend lavishly on houses or cars when going is good by taking loan from banks..
 

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