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How unpaid dues strangle small firms

livemint.com - 6 Jul 2021 17:48
How unpaid dues strangle small firms By one estimate, India's small enterprises are owed ₹15 trillion in outstanding dues. Is there a solution?.Many companies borrow from informal sources at high interest rates in order to meet immediate working capital needs. Since they have to keep borrowing, it's a cycle of perpetual debt
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