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Why MSMEs face a cash crunch

The real problem turns out to be receivables—the money owed to them for goods or services rendered, which had yet to be settled by their buyers. Also, GST refunds getting stuck. And big business – the principal buyer for products and services of MSMEs – was often the key culprit

December 22, 2023 / 10:12 IST
Those in more traditional sectors were having a tougher time.
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