 "Venu Srinivasan")
The fiscal stimulus announced by the government will help to improve the financial system, impacted by Covid-19 induced lockdown, and the positive business perception will stimulate demand, Venu Srinivasan, Chairman, TVS Motor Company said.
According to him, the large credit guarantee will be a great step to restore the supply chain, augment liquidity and help MSMEs revive the business, which was heavily impacted by the shutdown.
According to him, the large credit guarantee will be a great step to restore the supply chain, augment liquidity and help MSMEs revive the business, which was heavily impacted by the shutdown.
“We welcome the comprehensive and highly progressive measures announced by the Finance Minister on Wednesday, injecting much-needed liquidity for non-banking finance companies (NBFCs) and MSMEs (micro, small and medium enterprises)," said Srinivasan.
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