With a large number of micro, small, and medium enterprises (MSMEs) continuing to reel from the impact of the ongoing Covid-19 pandemic, banks and companies have represented to the finance ministry for another relief package for the sector.

According to bankers, the third wave of the Covid-19 pandemic, mainly driven by the variant, has impacted the sector adversely. Banks and industry representatives have sought support for the sector in the line of Emergency Credit Line Guarantee Scheme (ECLGS), a measure introduced early in the pandemic.