PM Modi considers cheap loans, other help for small Indian businesses
Updated : January 22, 2019 07:14 AM IST
Small business groups have been critical of the Modi government in the past year after many firms were squeezed by a shock move to ban high-value currency notes in 2016, followed by a hasty implementation of a nation-wide goods and services tax (GST) that raised their compliance costs.
In a bid to win them back, and following election losses in five states last month, the government run by Modi's Bharatiya Janata Party (BJP) recently announced GST concessions and tweaked an ecommerce policy in favour of small traders.
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