RBI's Loan Moratorium To MSME Did Not Solve Repayment Problem: Experts

Finance experts claimed that the loan moratorium extended to MSME beneficiaries during a six-month period (March-August 2020) has not improved their repaying capacity. Terming moratorium as "oxygen mask", the Consortium of Indian Associations (CIA) Spokesperson KE Raghunathan said that the move only delayed the suffering of MSMEs. While FKCCI president S Sampathraman raised concerns about demand, Raghunathan urged the Centre to roll out MSME-focused stimulus to avert decline.