Unlock 1.0
The Government has announced `Unlock 1.0’. This will take effect from 8th June 2020 and there is pressure on Industries and the entire supply chain for delivering goods that were ready/getting ready in the past two months.
A slew of release measures for MSMEs have been announced by the Government, but industries are yet to see the light of day. Consequently, members of supply chain are going round and round in circles. If materials are required to be procured, the suppliers need money and if suppliers have to be paid money the procurers will have to have it, which they don’t.
It has become a vicious cycle. We only hope this problem will be resolved soon and we are back in the situation where we feel comfortable in getting materials which are required for despatching goods that are ready and set the ball rolling for better things to come in the near future.
Please understand ‘Help delayed in help denied!’