Financial assistance sought from the Centre for paid leaves in MSMEs during lockdown

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State industries secretary Manoj Kumar Pingua on Tuesday asked  Union development commissioner Rammohan Mishra to reduce the economic burden to the Micro Small and Medium Enterprises (MSMEs) in the state.

Pingua spoke to the commissioner via  videoconference in which he drew attention of the central official on  restarting of the MSMEs in the state.

Pingua requested the Union development commissioner to ease the process of availability of working capital to the industries and to reduce the advance payments of coal and iron ore from state-run National Mineral Development Corporation (NMDC) and South Eastern Coalfields Limited (SECL) to half.

The industries secretary specially  asked the central official  to provide financial assistance for payment of the workers in the MSMEs during the lockdown period.

He also requested the official for an early release of pending payments to the state industries from the state-run public sector units like the BSP, the NMDC, the NTPC, and the railways.

Similarly Pingua sought a 30% advance payment should be made to the state industries for the work orders to be released in the near future. 

Daily Pioneer
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