In a statement on Wednesday, Tamil Nadu state president of the Congress party, K.S. Alagiri has said that the union government has failed to offer the required support to the MSMEs.
The senior Congress leader said that 44 per cent of the Micro, Small and Medium Enterprises of Tamil Nadu has halted their operations throwing a large workforce on the streets. He said that the MSMEs are the driving force of the economy of the country and added that if the sector is affected, it would lead to a direct stagnation in the Indian economy. He also said, the MSMEs are the worst hit due to the pandemic and added that the recently announced measures of the entral government would not be adequate to give life to the sector from the difficult situation it is in.
He called upon the central government to join hands with the Tamil Nadu state government to implement the packages announced for the MSME sector. The Congress state president also said that the Government of India must be state-specific regarding MSMEs so that the entrepreneurs do not shy away from the projects.
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