Over 50% of microbusinesses had no mechanisms to cushion Covid impact: Study
According to non-profit organisation 'Global Alliance for Mass Entrepreneurship' (GAME), which conducted the study, 21 per cent of the microbusinesses lacked requisite documentation for the application.
GAME Founder, Ravi Venkatesan said there is a dire need for building adequate knowledge of bank managers, field officers, and banking correspondents on bank and government schemes. Pic: Reuters