Hooda demands to save MSME facing severe economic crisis

Published Date: 26-04-2020 | 6:29 am

-SATISH HANDA

Former Haryana chief minister and leader of opposition in Haryana Vidhan Sabha Bhupinder Singh Hooda has demanded that ruling government in the state should save collapsing micro, small and medium enterprises (MSME the backbone of economic condition of a country. Hooda said, after welfare of farmers in the country government should provide relief to small industrial organisations in the country passing through crisis at present stage when trade and industry in the country facing lock down due to epidemic outbreak across the world and as a result of closure this micro, small and medium industry is unable to pay salaries to staff, pay bank loan instalment, fixed electricity tariff, commercial tax of their buildings and rents. He said, majority of MSME units in the country are on the verge of severe sickness or closure and in case immediate relief will not be given them nearly 40% small manufacturing units would be closed down giving rise to unemployment since MSME is playing major role to make sources of employment opportunities in the country

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