Whither MSME Resolution Framework 2.0?
As the second wave of Covid-19 pandemic continues to impact the country, businesses both big and small are experiencing disruptions but are faring better due to the learning from the previous lockdowns. Also talk of third wave has gained strength over last few weeks. RBI issued directives to Banks on 5 th May 2021 to permit restructuring in eligible MSME units which have not availed restructuring benefit earlier to tide over COVID 19 induced stress. Corporates are excluded rightly so at this time.