Pre-budget suggestions on coir to FM by BMS
26 Feb. 2008
Bharatiya Mazdoor Sangh (BMS) has demanded encouragement of small-scale industries in the country. In its pre-budget suggestions sent to the Finance Minister P. Chidambaram, BMS president Girish Awasthi demanded to infuse necessary funds and make provisions for rapid development of labour intensive cottage, small-scale and medium industries, extend liberal tax concessions, subsidies, incentives, concessional credit facilities, marketing assistance and restoration of all the items de-reserved earlier in the reserved list. He also demanded immediate measures to tackle the problems of sickness and crisis in traditional industries such as coir, jute, textile, plantations, handloom, beedi, khadi & village industries, etc. He said the MSME Act, 2005 should be revived for promotion of small-scale industries in terms of marketing support.
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