Even as the sovereign guaranteed working capital limits to MSMEs is laudable, the scheme has so far disbursed only Rs 21,028 crore (as of June 18, through ECLGS) out of its targeted Rs 3,00,000 crore. The real relief for MSMEs at this juncture will be from extended access to credit, which can be a genuine lifeline instead of compliance concessions which, in an era of lower sales, mounting losses and pressing liquidity is not in the horizon of the entrepreneur. Further, if the government intends to ease the credit/cash flow burden for MSMEs, It may consider: