Modi government has also set up a panel to assess waiving interest on loans frozen through Aug. 31 — which amounts to as much as Rs 2 lakh crore. But for many small businesses, which make up about 30% of India’s economy, the relief won’t be enough. About 1.75 crore shops, representing a quarter of small businesses, are on the verge of shutting down.from Economy-News-Economic Times
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