Businesses Not Benefitting From Govt Schemes: FICCI Survey

by Abhishek Kaushik Jul 07, 2020 • 06:39 PM Views 841

Businesses are not benefitting from the Central schemes announced during the coronavirus pandemic in a bid to provide relief to struggling businessmen, reveals a survey conducted by FICCI. 60% of those surveyed said their business is dull due to lack of money while 79% of the businessmen said the Govt's Guaranteed Emergency Credit Line (GECL) scheme didn't prove out to be beneficial for them. 57% of the company owners said that it would take a full year to get the business back to normalcy