Start-ups flags concerns related to cash flow, labour in meeting with Goyal

In the meeting, the minister said the country is passing through the unprecedented crisis, and this requires prompt remedial actions.

Problems related with liquidity crunch, cash flow, revenue and labour matters were raised by start-ups in their meeting with Commerce and Industry Minister Piyush Goyal on Thursday.

Goyal held the meeting through video conference with the stakeholders of the start-up ecosystem, including developers, angel investors and others, to assess the impact of Covid-19 and lockdown in the country.

"The start-up representatives raised the concerns, ranging from the question of liquidity crunch, cash flow and revenue problems, labour matters, and other difficulties in running the ventures due to lockdown, the commerce and industry ministry said in a statement.

After listening to the various problems