Need more provisions for SMEs ahead
By Lokmat English Desk | Updated: December 31, 2020 18:40 IST2020-12-31T18:40:01+5:302020-12-31T18:40:01+5:30
For the industrial sector, year 2020 was certainly not a good year. The Covid-19 pandemic disturbed everything and brought ...

Need more provisions for SMEs ahead
For the industrial sector, year 2020 was certainly not a good year. The Covid-19 pandemic disturbed everything and brought difficult times for most of the MSMEs here as businesses were badly hit. However, the sector has now recovered and hopes the situation will change in 2021. We are hopeful that the government will consider announcing subsidies and make more provisions for SMEs in the 2021 financial budget. There must be more investments in the coming year to rejuvenate the industrial sector. However, all will depend on the covid situation.
-Massia president Abhay Hanchanal
Learned importance of workforce
Be it the automobile, electronics, distilleries – majority of the industries was hit and the major reason was the pandemic. However, the pandemic taught a lesson to all about how to be patient and face difficult situations together. This was the first time when the industrial area was completely closed. Many industrialists learned the importance of workforce and labourers. Industrialists, workers and staff stayed together under one roof due to restrictions. We hope 2021 will be totally different, positive and will uplift the spirits of all.
-CMIA president Kamleish Dhoot
Hope for better times ahead
2020 has been both a memorable and forgettable year. None of us have escaped unscathed in our personal or professional lives. Layoffs, reductions in force were very painful experiences for many. Industrialists had to send buses to other districts to get the workers back to the companies. Still, the industrial sector is skeptical about 2021. The vaccine must do its role in eradicating the virus and the situation turns to normal for all. As we look ahead, the experiences of this past year give me hope for better times and new opportunities.
-Dnyandeo Rajale, industrialist
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