Sonia Gandhi writes to PM Modi seeking economic package for MSMEs

Gandhi emphasised that the MSME sector is suffering around Rs 30,000 crore loss every day due to the lockdown

Congress President Sonia Gandhi on Saturday wrote to Prime Minister Narendra Modi on the grave economic crisis facing the nation. In the letter, Gandhi highlighted the concerns of the MSME sector, saying if ignored, the problem can have a devastating and expansive ripple effect on the country's economy.

Gandhi suggested five ideas for redressal of the Micro, Small and Medium Enterprises (MSME) sector, which 'stand on the verge of economic ruin'

She urged the prime minister to announce a Rs 1 lakh crore "MSME Wage Protection" package as also a credit guarantee fund of an equivalent amount, besides a 24X7