Business Standard

Hit by Covid-19 lockdown, start-ups and SMEs seek slew of sops from Govt

29,000 od participants in a survey offer a variety of responses, from one-time grants, to 50% staff pay reimbursements to two-year interest free loans


Peerzada Abrar Bengaluru
The Covid-19 impact has been devastating on Indian start-ups and small and medium enterprises, with millions of such enterprises, which were considered the backbone of the Indian economy, now looking to the Government for help, according to the community platform LocalCircles.

The platform conducted a survey among 35,000 start-up and SME community members to get a pulse on what the Government could do to mitigate the impact of Coronavirus on small businesses. It received more than 29,000 responses from start-ups, SMEs and entrepreneurs.

In the wake of the Coronavirus outbreak and the effect it is having on small businesses, the first question

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First Published: Mar 31 2020 | 7:23 PM IST

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