Laghu Udyog Bharti To Intensify Protest Against Harsh MSME Policies | SupportBiz

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Laghu Udyog Bharti To Intensify Protest Against Harsh MSME Policies

 
Organisation says 10-fold hike in lease rent and maintenance of state-owned industrial premises is the key complain.
To overcome unfavourable MSME policies of state government Laghu Udyog Bharti, Madhya Pradesh, has decided to intensify protest.
 
The organisation will stage a Dharna in Bhopal on April 4.
 
As per Laghu Udyog Bharti members, the state and central government are ill-treating the MSMEs and the sector is being overburdened with increased rates and levies.
 
One of the major oppositions is against the implementation of ‘MP state Industrial Land/Bhawan Management Rule 2015’ which has increased the lease rent and maintenance charges by 10 times, said traders.
 
“We have been protesting against the unfavourable polices of the state government for the last 3 years. The state government has not taken any step apart from assurances,” said Mahesh Gupta, President (Indore wing), Laghu Udyog Bharti.
 
Many major traders’ association are supporting Laghu Udyog Bharti in their protest.
 
Traders feel that MSMEs contribute around 90 per cent of the total tax paid by the businesses and 94 per cent of the total employment provided but the sector still remains ignored.