Debt-ridden MSME sector looks towards govt. for sustenance :

Debt-ridden MSME sector looks towards govt. for sustenance


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The units have been bogged down by rather heavy compound interest rates
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Many feel that the State can play an effective role by routing concessions through the District Industries Centres.
  | Photo Credit: MOORTHY M
The units have been bogged down by rather heavy compound interest rates
Welcoming the State Government's decision to waive farm loans, representatives of MSME sector in Tiruchi region have made a case for a similar gesture in the interests of several thousands of direct and indirect workers.
Sick MSME units in Tiruchi region that had been dependent on BHEL for decades find themselves in a piquant situation after the orders started declining for BHEL due to the Central Government's shift of focus for renewable energy.

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