India is home to approximately 6.3 crore MSMEs which forms the backbone of the economy. Similar to the first and second wave, the current predicament with the Omicron variant can prove to be dire for MSMEs and their daily functioning. These small businesses can be safeguarded with certain provisions in the Union Budget 2022 which is to be presented in the parliament by the current Finance Minister, Nirmala Sitharaman on 1st February 2022.

To drive implementation around the upliftment and empowerment of MSMEs, the Federation of Indian Micro and Small and Medium Enterprises (FISME), has put forth a number of recommendations which can facilitate ease of doing business for MSMEs in India and create a conducive e-commerce ecosystem.