BJP Vyapar Prakosth demands special eco package for MSMEs

BJP Vyapar Prakosth demands special eco package for MSMEs

Agency News

Pune, May 28 : BJP Vyapar Prakosth, an organisation boasting membership of more than crore people associated with the micro, small and medium enterprises (MSMEs), on Thursday demanded a special economic package for the sector, citing that it's reeling under severe financial COVID-19 woes.

Prakosth National Working Committee member Pravin Oswal asserted that more than 7 crore businessmen across India have been forced to close their works during the lockdown. "All small and medium class Vyapari, which are around 40 crore in the country, have suffered a lot. Around 7 crores businessmen have closed their shops and other establishments due to financial problems," he said.

Mr Oswal further suggested, "We should also provide loans upto Rs 25 lakhs without interest as well as give relaxations in the interest of overdraft and previous loans taken." Commenting on the need of a stimulus package, Prakosth National Working President Shyam Bihari Mishra said, "The government of India has recently announced a huge package for survival of the big industries however small and medium businessmen have been deprived from this package." "PM Modi should provide financial help to these businessmen," he spoke in the same breath.

Meanwhile, member Vijay Prakash Jain averred that a District Level Committee, comprising representatives of MSMEs, must be appointed so as to work out modalities of the demanded package. Prakosth incorporated the above-mentioned demands into a letter addressed to PM Modi, and also marked its copies to Ministers Nirmala Sitharaman (Finance), Piyush Goyal (Railways), Amit Shah (Home) and other prominent leaders. (UNI)