India's MSME sectors were highly affected by the wrath of COVID-19. Despite the steep fall in the new cases, the impact of destruction caused by the second wave still gives chills in the spine to many, especially MSME business owners.

In the Union Budget 2022-23, a bunch of expectations has been fulfilled. Healthcare and infrastructure appeared to be the main highlights of Budget 2022 while a huge investment has been allocated for the expansion of roadways & logistics networks.  

Mudit Pareek, CTO, Saraf Furniture believes the root problem from the domestic MSME sector is failure to attract the private capital into their business.