Chennai, Dec 21 (KNN) As many as 10,000 micro units, of which 95 per cent are into service sector, has been hit by the Chennai floods, while loss in terms of employment has been to the tune of 50,000 in the micro enterprises alone, confirmed the Minister of MSME, Kalraj Mishra.

The Minister was in the city on Saturday to review the flood hits units in the affected areas and meet the industry bodies.

"Chennai is the MSME hub. About 10,000 micro units have suffered losses, of which 95 per cent are service enterprises. The loss in terms of employment is to the tune of 50,000 in the micro enterprises alone," the minister said.

Mishra said the impact of losses due to floods is being prepared and a detailed assessment report was being prepared.

Mishra said that he has taken up the issue with the Minister of State for Transport and Highways Pon Radhakrishnan.

Mishra also assured the industries to take up the issue relating to bank credit with the Finance Ministry and ensure easy access to credit.

"The issues relating to bank credit will be taken up with the Finance Minister," he said assuring the flood-hit units of full support from his Ministry for revival. (KNN Bureau)