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<root>
    <author>ENA</author>
    <category>State</category>
    <date>2018-10-06 07:05:57</date>
    <fulldesc>&lt;p&gt;&lt;strong&gt;New Delhi, Oct 6 (KNN)&lt;/strong&gt; Bihar Industries Association (BIA),  in a letter to the government,  has suggested that in tenders at least 30% of the order should be reserved for local service sector industries.&lt;/p&gt;&#13;
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&lt;p&gt;While talking to KNN India, BIA's Secretary General Arvind Kumar Singh said, We will write a proposal to the government for providing support to the local service sector.&lt;/p&gt;&#13;
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&lt;p&gt;According to him this step if taken by the government will surely help MSMEs grow.&lt;/p&gt;&#13;
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&lt;p&gt;According to them there are various challenges faced by the service sector. Availability of fund/capital is one of the great challenges before service sector.&lt;/p&gt;&#13;
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&lt;p&gt;The association also highlighted that the funding agency do not pay attention to service sector projects, they avoid funding whereas service sector is the highest job creator for the country.&lt;/p&gt;&#13;
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&lt;p&gt;Association also feels that the service sector needs fund as working capital rather than fixed assets.&lt;/p&gt;&#13;
</fulldesc>
    <id>20996</id>
    <link>https://knnindia.co.in/news/newsdetails/state/govt-should-give-30-of-the-order-to-local-service-sector-industries-bia</link>
    <pubDate>2018-10-06 07:05:57</pubDate>
    <source>knnindia.co.in</source>
    <title>Govt should give 30% of the order to local service sector industries: BIA</title>
</root>
