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Noida Entrepreneurs Association seeks relief package from UP govt

Updated: Apr 06, 2020 09:52:40am
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Noida Entrepreneurs Association seeks relief package from UP govt

Noida, Apr 6 (KNN) Noida Entrepreneurs Association (NEA) has demanded a relief package from the Uttar Pradesh (UP) government amid the ongoing 21-day nationwide lockdown.

NEA in its letter to UP government mentioned that all of the business operations are closed down and they don't have any funds at all.

''The raw material and finished goods are lying in our factories, since the lockdown has been imposed and after some time it won't be of any use,'' feared NEA.

''Our businesses dues are not released and we have to pay all utilities and other. It would be very difficult for us to restart the business operations due insufficient funds once the lockdown is withdrawn,'' NEA added.

NEA also said that industries have already paid the salaries to their employees but the problem is that the government has not provided us with a relief package yet.  

''The government should stop taking electricity bills during the period when operations have been shut down. Other taxes from all departments should also be put on hold during this crisis period,'' NEA said.

The association also demanded that commercial and transport taxes for their vehicles should also be exempted.

''Provide additional financial support in form of increase working capital limits with reduce interest at the most 6 per cent enabling us to compete internationally to fill in the void created by coronavirus pandemic,'' the letter read.

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