The Economic Times RiseDec 22, 2021MSME association AICA seeks govt intervention to lower raw material pricesNEW DELHI: All India Council of Association of MSMEs (AICA) on Wednesday sought immediate government intervention for the reduction of raw material prices. The association has also announced one-day closure of all industries across the country on December 20 and a one-hour peaceful demonstration in front of the respective Collectorate/District Magistrate Office to press for the intervention of the Prime Minister to reduce raw material prices to the April 2021 level.Closure of lakhs of MSMEs across India for a day will result in a production loss of Rs 25,000 crore, it claimed.MSMEs contribute about 30 per cent of GDP and 48 per cent to exports.Read more at The Economic Times Rise
NEW DELHI: All India Council of Association of MSMEs (AICA) on Wednesday sought immediate government intervention for the reduction of raw material prices. The association has also announced one-day closure of all industries across the country on December 20 and a one-hour peaceful demonstration in front of the respective Collectorate/District Magistrate Office to press for the intervention of the Prime Minister to reduce raw material prices to the April 2021 level.Closure of lakhs of MSMEs across India for a day will result in a production loss of Rs 25,000 crore, it claimed.MSMEs contribute about 30 per cent of GDP and 48 per cent to exports.Read more at The Economic Times Rise
