25
Mar
Lax Central Public Sector Enterprises add to Micro, Small and Medium Enterprise woes
By
Biz2Credit Advisor
Delayed payments from the Central Public Sector Enterprises (CPSEs) are adding to the woes of small businesses, already reeling from the liquidity crisis and demand slowdown. Despite government directions on the subject, the crunch is resulting in defaults on bank loans and consequentially, non-performing assets. According to the article on indianexpress.com,the pending dues of all central and state public enterprises amount to hundreds of crores.






