Empowering MSMEs with News & Insights

Budget 2019: Govt should come up with the budget which is growth oriented for MSMEs

Updated: Jun 28, 2019 10:33:01am
image

Budget 2019: Govt should come up with the budget which is growth oriented for MSMEs

New Delhi, 28 June (KNN) Government should come up with the budget  which is growth oriented for Micro Small and Medium Enterprises (MSMEs) sector, said Manmohan Gaind President of Manesar Industries Welfare Association (MIWA).

While sharing the expectations with KNN India on budget 2019, he said MSMEs are looking for support from the government in the form of interest subvention because the liquidity in MSMEs is the biggest challenge and if we can get lesser rate of interest in our loans it will help us in growing our businesses.

He said that we can generate some capital by selling our residential property so whatever capital gains we accrued can be used in using the industrial plot now they don’t allow that, instead they want us to buy the residential property which is not the good this so we have asked in change in that law also.

Finance minister Nirmala Sitharaman will present her maiden budget on July 5, 2019.

COMMENTS

    Be first to give your comments.

LEAVE A REPLY

Required fields are marked *