Apex exporters body FIEO recently revealed the micro, small and medium enterprises (MSME) do not have adequate liquidity to pay wages to their employees for the month of April as they are unable to conduct any business activity during the lockdown. The Federation of Indian Export Organisations (FIEO) reiterated that the government should immediately announce an incentive package and give permisssion for partial resumption of operations in manufacturing units.

FIEO also expressed disappointment on deferment of the decision to allow selective opening of the manufacturing sector, particularly export units. According to it, non-adherence to the delivery schedule for exports will result in cancellation, penalties and market loss, besides the business loss to enterprises.