Kunal Bahl – Snapdeal:

• MSMEs are India’s backbone.
• Today’s measures by FM N Sitharaman will help them get back on their feet.
• Addl. collateral & guarantee free loans, equity funding options, better access to govt procurement, e-market linkage and higher thresholds are strong enablers.
• Liquidity & credit guarantees for banks & NBFCs will help remove hesitation in lending.
• Friction-free implementation of these measures can slowly convert adversity to advantage.
• At Snap deal we are proud to deepen our decade long partnership with Indian MSMEs in their journeys – not just to survive, but to thrive Atma Nirbhar India