Sonia Gandhi writes to PM Modi, seeks financial package for MSME sector

Congress interim president Sonia Gandhi has written to Prime Minister Narendra Modi seeking a financial package for MSME sector.

''If ignored, MSME crisis has the potential of having a devastating and expansive ripple effect on our economy,'' the Congress president said in her letter.

Congress party has sought Rs 1 lakh crore 'MSME Wage Protection' package, credit guarantee of an equivalent amount, along with 24X7 helpline to guide them, according to the letter.

Every single day of the lockdown comes at a cost of Rs 30,000 crore to the sector, she said and added, all MSMEs have lost sales orders, and seen a complete cessation of their work.