Everyday, the advertisement sections of our morning newspapers bear notices of banks auctioning the properties of enterprises that failed to repay loans for more than three months. Everyday, smaller manufacturing companies in Chennai, which had successfully braved the economic distress even during the tsunami and the 2015 floods, are bringing down the shutters for good. And while the COVID-triggered medical crisis and political news routinely eclipse such news, COVID-19 has actually crippled the MSME sector in Chennai (Micro, Small and Medium Enterprises), leaving many entrepreneurs neck deep in debt. Industrial estates in Chennai that were always abuzz with activity are now…
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