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Industrial Estates stare at an uncertain & bleak future as operations resume amid lockdown
Posted
May 28, 2020
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419
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May 28, 2020
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2:21Now PlayingIndustrial Estates at Chennai staring at an uncertain and bleak future as operations resume amidst lockdown.
- Suffer from less expert work hands due to migrants Exodus.
- The question of whether the Finance package announced will be fruitful.
- Fear of no orders for the next 90 days.
- Suggest immediate financial package from the GST paid so far.
On 25th May, the Tamil Nadu government allowed 17 industrial estates in around Chennai to begin work again, except for those in containment zones and barring workers from containment zones.
One important industrial estate is located in Ambattur where more than 20,000 units operate providing working to nearly 1.3 lakh people.
Several Micro, Small, and Medium Enterprises that have opened after nearly 2 months are now worried about getting future orders and the labour hands.
Questions are also being raised on why the Government encouraged the return of migrant workers when it could have assured them work and provided them shelter!
MSME entrepreneurs request immediate relief on hand instead of going through banks such as providing as 3 or 6-month package based on each company’s GST filing which could be later collected even with a nominal interest.
Watch the video for more details!
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