: Congress to submit proposal for MSME revival to govt #FinanceIndia #StockMarketNEWS Congress to submit proposal for MSME revival to govt New Delhi, Apr 21 (KNN) In order to pull out Micro Small and

@StockMarketNEWS Thu 23 Apr, 2020

Posted in: #FinanceIndia #StockMarketNEWS

Congress to submit proposal for MSME revival to govt #FinanceIndia #StockMarketNEWS
Congress to submit proposal for MSME revival to govt New Delhi, Apr 21 (KNN) In order to pull out Micro Small and Medium Enterprises (MSMEs) from the COVID-19 crisis, the Congress will soon submit MSME revival package suggestions to the central government.

A key Congress panel headed by former Prime Minister Manmohan Singh on Monday met and discussed significant issues of which one was revival of the MSME sector amid the nationwide lockdown due to COVID-19.

“We have worked out a very concrete MSME revival package which we will submit to the central government in a day or two,” Jai Ram Ramesh told reporters at a press conference through video conferencing.

The Congress has urged the government to submit through direct benefit transfers of Rs 7500 in all Jan Dhan accounts, all pension accounts and those under the PM-Kisan scheme, he added.

Ramesh further said that former prime minister and Rahul Gandhi, stressed that priority be given to the MSME sector because of its social and economic importance as it is one of the largest job providers in the country.

Both Singh and Gandhi also stressed on the need for making positive recommendations to the government to ensure smooth crop procurement and resolution of migrants’ issues, Ramesh said.

The government would "come down from its pedestal” and constructively accept the suggestions put forth by the Congress" Ramesh hoped.

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