State Of The Economy 2020

MSMEs In India | State Of The Economy

Caught in a vortex of delayed payments, tax obligations and credit squeeze, small businesses are calling it quits

It was in 1996 that Kanhaiya Lal Agarwal, a chartered accountant by profession, became an entrepreneur. He took over an ailing aluminium products unit and renamed it Palco Metals. While he has been through quite a few business cycles in the ensuing years, the one this time is throwing up new challenges.