Advertisement

HindustanTimes Wed,01 Oct 2014

Bittu raises issue of medium and small units in Lok Sabha

HT Correspondent, Hindustan Times  Ludhiana , July 17, 2014
First Published: 15:56 IST(17/7/2014) | Last Updated: 16:12 IST(17/7/2014)

After raising the issue of steel industries in Parliament, Congress member Parliament from Ludhiana, Ravneet Singh Bittu, on Wednesday, raised the issue of outdated machinery and technology being used by the micro, small and medium enterprises (MSMEs) of Ludhiana and Mandi Gobindgarh.

Demanding reduction of import duty on second-hand machinery to help small units upgrade their machinery and technolog y, Bittu said the current import duty on such machinery was between 40%60% which was hampering modernisation and upgrading of the enterprises in terms of their production capacity.

“They contribute nearly 8 % to the country’s GDP, 45 % of the manufacturing output, 40% of the exports and also provide the largest share of employment opportunities after agriculture in the county” said Bittu in Lok Sabha.

City industrialists had been raising many such demands for a long time and hence, had approached Bittu to help them in resolving their issues.

comment Note: By posting your comments here you agree to the terms and conditions of www.hindustantimes.com
blog comments powered by Disqus

Advertisement
more from Ludhiana

Swachh Bharat Abhiyan: Students to take pledge to clean up country

The students of all government schools in Ludhiana will take pledge to keep the environment neat and clean on Thursday.The initiative is a part of the Central government's programme, Swachh Bharat Abhiyan, that will be celebrated on October 2- the birth anniversary of father of the nation Mahatma Gandhi.

Advertisement

 
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved