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Karnataka: MSMEs grapple with surge in raw material cost, manpower crunch | Hubballi News


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The Covid-induced lockdown imposed for prolonged periods has dealt a massive blow to the fortunes of thousands of micro, small and medium enterprises (MSMEs), with many of them staring into endless pits of despair.
Despite the restrictions being eased gradually and the government permitting the units to resume operations, these enterprises continue to face a host of other problems, ranging from lack of skilled manpower to the inflated price of raw materials. In Dharwad, Dakshina Kannada and Mysuru districts, more than 40,000 MSMEs have been identified whose productivity has suffered.
President of Kanara Industries’ Association Ajith Kamath sought to illustrate the magnitude of the problem with figures: “Nearly a fourth of the 8,000 MSMEs in Dakshina Kannada are not in a position to resume operations immediately owing to fiscal constraints, rise in the cost of raw materials and shortage of labour. More than the pandemic, the uncontrolled incre ....

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Covid-hit Karnataka trade and industry seeks relief package

Covid-hit Karnataka trade and industry seeks relief package
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Perikal Sundar , Federation Of Karnataka Chamber , Services Tax , Karnataka Chamber , President Perikal Sundar , கூட்டமைப்பு ஆஃப் கர்நாடகா அறை , சேவைகள் வரி , கர்நாடகா அறை ,

Covid-hit Karnataka industry seeks tax waiver, vaccines for all employees


Covid-hit Karnataka industry seeks tax waiver, vaccines for all employees
Reeling under the impact of the Covid pandemic s second wave and the extended lockdown, Karnataka industry has sought waiver of taxes and tariffs and vaccines to protect employees from infection, an official statement said on Wednesday.
By
IANS
WHO sends 100 oxygen concentrators to Ladakh amid COVID spike
Reeling under the impact of the Covid pandemic s second wave and the extended lockdown, Karnataka industry has sought waiver of taxes and tariffs and vaccines to protect employees from infection, an official statement said on Wednesday.
Leaders of Karnataka industry and trade petitioned Chief Secretary P. Ravi Kumar to waive taxes and tariffs to restart their activities after unlocking, as they suffered huge losses due to the extended lockdown, it said. ....

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