News draft rules to hit MSMEs hard
Updated Jul 21, 2021, 7:38 am IST
According to a survey in the state, 83 per cent of MSMEs said they had shifted to e-commerce mode of business during the pandemic
There is a fear in the industry that if the draft rules are implemented in their present form, MSMEs in the state will incur losses of an estimated `11,487 crore. Representational Image (AP)
Hyderabad: A majority of the 23 lakh micro, small and medium enterprises (MSMEs) in Telangana state will be hit hard if the draft rules proposed by the Union consumer affairs ministry to ban flash sales, promotions and advertisements by sellers through e-commerce are implemented.
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