Employee base is biggest cause of moderation in biz sentiment: Report

The sentiment among micro and small enterprises (MSEs) got subdued in the March quarter, the sixth CriSidEx survey has shown. The CriSidEx score for January-March 2019 (Q4FY19) was 122, improving only by a unit, from 121 in Q4FY18.

These findings are in consonance with a moderation in several high frequency indicators, including the index of industrial production and rural consumption, observed in the first half of calendar year 2019.

Negative sentiment grew in terms of employee base in both manufacturing and services sectors, the report said. Positive sentiment rose in terms of order books size and profit margins