No record of small and medium businesses shut down amid pandemic: Govt


New Delhi, Sep 19 (IANS): After claiming that the government has no data on the deaths of migrant labourers amid the nationwide lockdown as well as doctors who lost their lives due to Covid-19, the Centre on Saturday said that it has no record of MSMEs that have faced closure in the wake of the pandemic.

Interestingly, in a written reply to a question in the Rajya Sabha, Minister of State for Micro, Small and Medium Enterprises (MSME) Pratap Chandra Sarangi also said that there is no data on the number of MSMEs closed down from FY 2014-15 to FY 2019-20.

On a question on the number of small and medium businesses closed from March to August 2020 due to the economic distress, the Minister said: "No such record is available."

He, however, enumerated the steps taken by the government to support the MSMEs to revive, including the Rs 20,000 crore subordinate debt for MSMEs, Rs 3 lakh crore collateral-free automatic loans for business, including MSMEs, and Rs 50,000 crore equity infusion through 'MSME Fund of Funds'.

The Minister also mentioned the revised criteria for classification of MSMEs and new registration of MSMEs through 'Udyam Registration' for ease-of-doing business, among other initiatives.

As per the government data on MSMEs, over 90.58 lakh such units exist in the country.

 

 

  

Comment on this article

  • Sarita, Mangalore

    Sun, Sep 20 2020

    No data required. Everything can be seen as clear as day how bad things really are. The government cannot hide behind distorting facts and figures anymore.

    DisAgree Agree [1] Reply Report Abuse

  • Oliver, MANGALURU

    Sun, Sep 20 2020

    The data collection team must be busy with collecting wrong things of old Govt. and provide fake data for the future. So, where they will get time to give data to common man requirement.

    Someone in the comment section already said, Forget about that data... Oh yes, why they need this data. it will not make any benefit them. puking and collecting data of other parties will help them to create more votes, so Govt must give that as priority... hahaha

    This is what tend to happen, when we tried show the negative work of others rather show the positive work of us.


    Regards,
    Oliver

    DisAgree [1] Agree [14] Reply Report Abuse

  • praveen, mlore

    Sat, Sep 19 2020

    then what data u have PM Modiji? this digital india???? or just avoiding shame????

    DisAgree Agree [47] Reply Report Abuse

  • Alwin, Mangalore

    Sat, Sep 19 2020

    Failure will not reflect

    DisAgree Agree [38] Reply Report Abuse

  • Dylan, Mangalore

    Sat, Sep 19 2020

    Data less Government since the last 74 yrs.

    DisAgree Agree [35] Reply Report Abuse

  • Shinoj MK, Mangalore

    Sat, Sep 19 2020

    Just check Tourism industry and you will realise how many businesses are shut down. Can't understand which data they are looking in

    DisAgree Agree [38] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Sat, Sep 19 2020

    Never-mind this is an "Act of God" ...

    DisAgree [1] Agree [51] Reply Report Abuse

  • CA girishkk, M'lore/DXB

    Sat, Sep 19 2020

    Till some time back we used to hear about mudra loans to small and medium sized businesses..., In fact those were big big claim...,

    Fortunately so far the Covid 19 infection count is keep coming..., Not sure how long it will continue...,(authenticity can't be questioned)...

    Jokers happy.., and Dombarata continues..

    Chai time ..,

    Jh
    Jai hind

    DisAgree [1] Agree [30] Reply Report Abuse

  • vishnu bhat, bangalore

    Sat, Sep 19 2020

    this Govt is wonderful - completely ignorant of everything happening within the country and at its borders. Waah, these are Acche Din!!

    DisAgree [1] Agree [49] Reply Report Abuse

  • Charles D'Mello, Pangala

    Sat, Sep 19 2020

    They only keep the record of the sales tax, income tax, GST etc (Anything which they have to Gain but not the death of the companies)......It is a shame to us to listen from the Government like these answers.....!!!!!?????

    DisAgree Agree [41] Reply Report Abuse

  • Shameer, Riyadh

    Sat, Sep 19 2020

    The only record BJP government holds is the flood of lies, fake news and U turns.

    I only had impression that comgress is a failure. BJP has broken all the records even before completion of 2nd innings.

    DisAgree Agree [56] Reply Report Abuse

  • CHARLES SALDANHA, MALAD-MALWANI

    Sat, Sep 19 2020

    REALLY UNFORTUNATE. THE GOVT IS TOTALLY UNAWARE
    THEN WHO IS AWARE OF THE FATE OF THE COMMON MAN WHO SUFFERED LAST SIX MONTHS DUE TO PANDEMIC.
    NO EMPLOYMENT, NO INCOME. SMALL BUSINESSMEN WASHED AWAY.IT WILL TAKE YEARS TO RECOVER FROM THIS DISASTER.

    DisAgree [1] Agree [53] Reply Report Abuse

  • Dr. Haneef Shabab, Bhatkal

    Sat, Sep 19 2020

    The only known and visible growth during Modi Raj is the beard of P M !

    DisAgree [1] Agree [67] Reply Report Abuse

  • concerned citizen, mangalore

    Sat, Sep 19 2020

    We are bothered more about religion , so let us all pray for things to get better . They dont have records no problem , let us pray louder !!!

    DisAgree Agree [36] Reply Report Abuse

  • Ajay Rebello, Kallianpur

    Sat, Sep 19 2020

    Then how are you tracking startups! How are giving awards for most startup friendly states! Also convenient way of subverting RTI.

    DisAgree Agree [36] Reply Report Abuse

  • Mangalurian, Mangaluru

    Sat, Sep 19 2020

    Government HAS the information...

    ...the closed businesses stop paying the GST.

    Each of such businesses would have notified the Government the reason to cease paying the GST.

    DisAgree Agree [48] Reply Report Abuse

  • Shankar, Mangaluru

    Sat, Sep 19 2020

    Don't bother about it now. Please concentrate on the Pandemic, Sushanth's death case and the drug menace!

    DisAgree [45] Agree [14] Reply Report Abuse

  • Cynthia, Kirem

    Sat, Sep 19 2020

    Hetheriki.... Good points to ponder upon...

    DisAgree Agree [3] Reply Report Abuse

  • Ramesh, Udupi

    Sat, Sep 19 2020

    Irresponsible govern India ever had, all the records are vanished since 2014.

    DisAgree Agree [88] Reply Report Abuse


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