Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
MSMEs closed crosses 61,000; over 12,000 units shut in last 4 months: Govt data
Update / Judgement Date
03 Dec 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Government data reveals the closure of over 61,000 MSMEs, including 12,000 in the last four months, largely due to operational costs and declining demand. These figures highlight the challenges faced by small businesses in an evolving economic landscape, necessitating policy interventions to support MSME resilience.