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MP govt to reduce power cost for MSME units

Updated: Jul 22, 2020 06:50:41am
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MP govt to reduce power cost for MSME units

Bhopal, July 22 (KNN) The Madhya Pradesh (MP) government is mulling to reduce the power payment load by 30 per cent to 40 per cent for Micro, Small and Medium Enterprises (MSMEs) said Minister of State for MSME, OP Saklecha.

While interacting with the delegation of Laghu Udyog Bharti (LUB) at this office in Bhopal on Tuesday, Saklecha said,'' to achieve the objective of ‘Aatma Nirbhar MP’ it is necessary to support MSME units of the State. For this, it is necessary to reduce the cost of production. Therefore, the State government is mulling to reduce the power payment load by 30 per cent to 40 per cent from them.''

The delegation was led by its State president Mahesh Gupta who after the briefing said, ''the Minister asked to increase production in the state and make it self-reliant, there was need for small plots for industries in the industrial areas.''

''Industrialists should be given a free hand in setting up their units and they should not be unnecessarily harassed by authorities in the name of inspection,'' Gupta quoted the Minister as saying.

Gupta further said that LUB apprised the Minister of the problems related to policies of the government adding, '' the Minister heard all the issues in a cordial atmosphere and assured that he would take up these matters on a priority basis.''

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