Wednesday, December 21, 2011

'MSME sector needs package due to economic slowdown'

Demand has been made in the Lok Sabha yesterday by the member of parliament (MPs) with the aim to give package to the micro, small and medium enterprises, which have been witnessing problem due to the economic slowdown. 

Reports suggest that members from different parties have made the demand while discussing the Regulation of Factors (Assignment of Receivables) Bill, 2011. Mr Shailendra Kumar (from SP) has requested Centre to establish a special fund to help the MSME sector. 

Gorakhnath Pandey (from BSP) has stated that the MSME sector, which employs many lakhs of people, is facing many problems due to the economic slowdown and there is also requirement to offer subsidy to these units. 



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