SME Times News Bureau | 09 May, 2020
Union Minister for MSME
and Road Transport and Highways Nitin Gadkari on Saturday assured the Retailers
Association of India and Practicing Engineers, Architects and Town Planners
Association (India) that their request for registering as MSMEs will be
examined expeditiously.
He felt that this need
to be explored from the point of these bodies being employment creators and
whether various benefits such as insurance, medical, pension, etc can be
provided to workers.
He also called upon the
retailers to start exploring option of home delivery and maintaining social
distancing, availability of sanitizers for customers/employees and use of masks
at all retail outlets.
The Minister was
addressing meetings today via video conferencing with the representatives of
Retailers Association of India and representatives of Practicing Engineers,
Architects and Town Planners Association (India) on impact of COVID-19 on their
respective sectors.
During this
interaction, the representatives expressed concerns regarding various
challenges being faced by them amid COVID-19 pandemic along with few
suggestions and requested support from the government to keep the sector
afloat.
He also called upon the
Engineers, Architects and Town planners to explore decongesting over crowded
cities and participate in the development of rural, tribal and
backward regions especially along the Green Expressways like the new Delhi
-Mumbai Exoressway which is passing through such areas. He said various
clusters and logistics parks will come up up on this ambitious project offering
huge opportunities.
Some of the major
issues highlighted and the suggestions given included: registering
retailers/restaurants/architectural firms as MSMEs, starting Malls with
conditions of safety measures related to COVID-19, starting operations of e-
Commerce companies for non-essential items, relief in rentals for retailers,
extension of moratorium to 9 months, reduction in bank interest rate from 10%
to 4-5%, adherence to RBI guidelines by private banks, applying GST on
receivables only, registration of builders as MSME who are already registered
under RERA Act, etc.
Gadkari called
upon the industry that it is needed to be ensured by industries that necessary
preventive measures are taken to prevent the spread of COVID-19. He emphasized
on usage of PPE (masks, sanitizer etc.) and advised to maintain social
distancing norms during business operations.
He mentioned that all
the stakeholders must adopt an integrated approach to come over the crisis
while ensuring the lives and livelihood of the people. Shri Gadkari also urged
the industry to have a positive attitude during this time to tide over this
crisis.
The Union Minister
emphasized that special focus towards export enhancement is the need of the
hour and necessary practices shall be adopted to reduce power cost, logistics
cost and production cost to become competitive in the global market. Further,
he mentioned that there is also need to focus on import substitution to replace
foreign imports with domestic production.
He further mentioned
that work on Green Express Highway has already started, and this is an
opportunity for industry to make future investments in industrial clusters,
logistics parks equipped with state-of-art technology. He opined that there is
a need to expand the horizon of industrial cluster in areas other than metro cities
and urged industries for participation.
The Minister recalled
that Government of Japan has offered special package to its industries for
taking out Japanese investments from China and move elsewhere. He opined that
it is an opportunity for India which should be grabbed.
Gadkari responded to
the questions from representatives and assured all possible help from the
government. He informed that he would take up the issues with related
departments. He emphasized that industry should take a positive approach and
tap the opportunities that will be created when the COVID-19 crisis gets over.