When I was asked for feedback post the lockdown I had called people from my industry & outside. The overwhelming consensus in terms of inputs was that the MSME sector has a capital inflow problem. If the gov fixed that they'd weather the storm. I passed the suggestion forward.

I am happy that at least the suggestions that I gave were considered by the gov. My focus was on 2 areas
1. Make loans available at a low interest rate with a sovereign guarantee to fix long term capital flows
2. Release all refunds so that short term capital shortage is fixed.

Because I knew things like labour reforms, input costs in the form of (electricity & water bill rates) are state subjects. So what is the point of speaking with the central government on those subjects. Now hopefully people who have access to Congress/NCP get it done.

Now every state gov can give something extra over and above the central government announcement like
1. A sovereign guarantee from the state to the banks to doubly assure the banks
2. A 2 to 3 % interest subsidy from the states to entice business to take loans from their state.

3. Give capital investment subsidies for buying new machines and setting things up in their state.
4. Reduce the tariffs for electricity and water so that businesses become more competitive
5. Reform labour laws, create large lands banks.
Most of it is at the state level.

So I have to repeat once again. I don't get what the outrage is about. I think the centre has done a good job. Could it be better? Yeah maybe. But then there is no end to demanding things. I think they've attended to the biggest bottleneck of the MSME sector.