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Economic slowdown impact: Small biz sentiment at 1-yr low, says CriSidEx

According to the eighth edition of the CriSidEx survey, sentiment fell during Q2 to 106. It was 120 in Q1

Economic slowdown impact: Small biz sentiment at 1-yr low, says CriSidEx
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Subhayan Chakraborty New Delhi
Hit by the ongoing economic slowdown, the sentiment of micro and small enterprises (MSEs) fell to a one-year low after the second quarter (July-September) of 2019-20, says a major quarterly survey.
 
According to the eighth edition of the CriSidEx survey, sentiment fell during Q2 to 106. It was 120 in Q1.
 
This represents a fall in sentiment for the third-straight quarter in a row. Developed jointly by ratings agency CRISIL & the Small Industries Development Bank of India (Sidbi), the survey maps business sentiment on a composite index of zero (extremely negative) to 200 (extremely positive).
 
Crucially,