FISME postpones interactive session on “Cash Flow Financing” as precautionary step due to Corona outbreak

New Delhi, Mar 13 (KNN) The Federation of Indian Micro and Small & Medium Enterprises (FISME) has postponed the interactive session on “Cash Flow Financing” which was scheduled for March 14 here at Constitution Club of India due to Coronavirus outbreak.

Since, the cash flow has been one of the critical issues for MSMEs. The situation in recent times has become adverse with credit drying up and banks not reluctant to give collateral free loans and delayed payments by government, PSUs and corporates. In order to address this specific issue and look for alternatives, the MSME body had decided to organise this seminar.

''In view of government decision for closure of schools, cinema halls etc and caution on large gatherings the event scheduled for tomorrow i.e. on March 14 at Constitution Club of India, stands postponed. We will let you know the new date as soon as the situation is better,'' said FISME.

The key note speaker for the said event was Amitabh Kant, CEO, NITI Aayog.

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