Entrepreneurs body in Odisha seeks exemption on late payments, waiver on trade fees

Blink News Network

Bhubaneswar, April 13: At a time when several MSME industries are reeling under the threat of closures, a representative body of the sector in the state has put forth their demand to help them with assistance in the form of waivers and revival packages including for startups.

An association of entrepreneurs comprising more than 2000 Micro, Small and Medium Enterprises (MSME) operators in the state has now sought exemption in power, trade related fees and others to help the industries affected by activities related to COVID 19.

The Juggernaut Association of Entrepreneurs from the state has now written to the Prime Minister Narendra Modi and Chief Minister Naveen Patnaik seeking their assistance in the form of exemptions and other services to help the industries, heavily hit by the lock down.

“Unless industries and establishments are supported in an outright manner by Centre and State governments, many companies could face closures and bankruptcy in the immediate future,” the association said in their representation to the CM.

It said, “…it is how necessary to also provide a ‘Comprehensive Relief Package’ for Industries, MSME and all other establishments to remain viable and to survive,”

The association in their charter of demands have asked to exempt the fixed charges for electricity for the lockdown period as most of the industries are now closed due to the lockdown. It has also asked to waive off the late fines keeping in the mind the sufferings of the industries to their closures.

“Allow the industries to pay the actual power consumption charges for all category industries. Few States have already taken steps in this direction. Odisha Electricity Regulatory Commission may be asked to ensure the implementation of for complete waiver of fixed charges for a period of 6 months avoiding unnecessary burden on already closed and stressed MSME units,” it said.

The industrial body also asked for rationalisation of the trade licences, shops and establishments feed or their exemption to boost employment. Demands were also raised to aid the startups from the state.

It said, “Startups to extended rental free working space in incubators for 1 year. All other MSMEs or Offices working under leased premises of State or Central Govt owned properties may discount the rental charges for three months, with effect from March 1, 2020.”

The association also demanded assistance in raw materials. It said, “The government should ensure the availability of raw materials at reasonable cost. Necessary steps may be taken to bring clown the input cost of raw materials/labours/taxes to enable the MSMEs cope up with the cost challenges.”

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