For Bengaluru Updates
Allow Notification  
Oneindia App Download

Supporting MSMEs is important at this challenging time: Rajeev Chandrasekhar

|
Google Oneindia News

Bengaluru, May 05: Supporting MSMEs is important at this challenging time to our economy. Member of Parliament, Rajeev Chandrasekhar interacted with entrepreneurs on 24 April on how to Reboot the Indian Economy during and after the coronavirus shock.

Supporting MSMSEs is important at this challenging time: Rajeev Chandrasekhar

All of them recognised the serious challenge of the Pandemic and were appreciative and supportive of the PMs steps to decisively tackle it with a Lockdown. Concerns with regards to survival of micro industries, transmission of RBI announcements to the Banks, ESI reimbursements in such challenging times, reduction of interest for a short period of time to help SMEs were some of the important suggestions shared by the entrepreneurs.

PM launches Support and Outreach Initiative for MSMEPM launches Support and Outreach Initiative for MSME

Most MSMEs also requested support from State Government on waiving and deferring state-level costs and waiver of Discom fixed charges.

MSMEs and Entrepreneurs who have been engaging with Rajeev are all determined to work hard and bounce back. But they do require support at both State Government level and also the banking sector during these challenging times.

Recommended Video

NEWS AT 3 PM, MAY 5th, 2020

In this regard, Rajeev wrote a detailed letter to Prime Minister Narendra Modi, Finance Minister, Nirmala Sitharaman and the Karnataka leadership requesting them to consider most of their suggestions based on his video conference with the entrepreneurs.

Click here to read the full letter:

https://rajeev.in/wp-content/uploads/2020/05/msme-letter-ppt.pdf

For Daily Alerts
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
X