Balachandran Govindarajan
4 years 8 months ago
It is expected that global supply chains continued to be disrupted.numerous micro and small businesses have been forced to shut down their ventures. In such a situation the MSMEs ,next to agriculture providing employment, are in a worst situation. Many a schemes announced by the DFS have not been implemented by BANKs. Further they add more injuries by applying SARFASI Act to recover their dues. This is adding more woes and untold miseries to them.
Hence my suggestion is to suspend the SARFASI Act and action initiated under SARFASI Act for a period of ONE YEAR so as to enable MSMEs to stabilise their enterprises and also asking the Banks to implement CGSSD scheme very religiously.
Thank You Honourable Mr. Prime Minister for this oppertunity.
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