'Proposal on Flood-hit MSMEs Before Finance Ministry'

Published: 04th January 2016 05:09 AM  |   Last Updated: 04th January 2016 05:09 AM   |  A+A-


COIMBATORE:  Union Minister for Micro, Small & Medium Enterprises (MSMEs) Kalraj Mishra said here on Monday that offering financial assistance to MSMEs affected by floods in Chennai is under the Ministry’s active consideration.

“I have forwarded the proposal to Finance Minister Arun Jaitley and he has assured all help,” said Mishra, while speaking to reporters.

Replying to a query, the Minister said the Centre was ready to implement Goods and Services Tax, but the Congress members were preventing it.

“The MSME units are functioning in large numbers in Tamil Nadu than in other states. As many as 1,53,000 units are functioning here. With the  State government’s help, clusters will be identified in Coimbatore, which will boost the MSME sector in the district,” he said.

“In an attempt to motivate the entrepreneurs on ease of doing business, the government has launched Udyog Aadhaar Memorandum (UAM) in September to simplify the registration process. Within three months, over 1,14,435 UAM’s have been filled across the country,” the Minister said.

On terror strikes at Pathankot in Punjab, he said terrorists were trying to spoil the relations between India and Pakistan.

Later in the day, he released a brochure of the 16th Agri Intex 2016 expo, scheduled to be held from July 15 to 18, and launched the logo of India International Coir Fair, to be conducted by the Coir Board along with the Agri Intex, at Codissia Trade Fair Complex here.

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