On May 5, in an unscheduled press briefing, Reserve Bank of India (RBI) Governor Shaktikanta Das announced additional relief measures in light of the second wave. The announcements included loan restructuring facilities for individuals, small businesses and Micro, Small & Medium Enterprises (MSMEs). But, industry voices believe that a lot more needs to be done to save these businesses which are on the verge of collapse as an aftermath of a complete lockdown in 2020 when the pandemic began, and now a much harsher second wave along with fragmented lockdowns.
