Telangana MSMEs running in residential areas deprived of subsidies available to firms in industrial parks: Kapra Ind Association

Hyderabad, Sep 25 (KNN) Various Micro, Small and Medium Enterprises (MSMEs) units in Telangana running in residential areas do not get subsidies that are available to companies set up in industrial parks, said Kapra Small Industries Association.

Speaking with KNN India, President of Kapra Small Industries Association, Narsimha said, "Firms that have land in industrial parks get subsidies while others outside its boundary don't get."

The lands were being allotted to the firms in industrial parks that are entiled for subsidies, he added. 

However,  he said that those MSMEs who are running their operations in residential areas neither gets subsidies nor loans which is problematic.

Non availabilty of benefits that other firms in industrial parks get, make them deprived of the benefits and creates hurdles in their growth and development.

---------------------