CEA Nageswaran Calls for MSME-Specific NPA Norms, Says Global Template Does Not Fit India
Chief Economic Adviser V. Anantha Nageswaran has urged a reworking of non-performing asset classification norms for micro, small and medium enterprises, arguing that a one-size-fits-all framework fails to reflect the sector’s uneven cash flows and working capital needs. He also pressed for lower compliance costs, saying lighter regulatory friction could improve MSME efficiency and resilience.
