Dear members,

We met Mr. Hansraj varma IAS, Additional chief Secretary, MSME & Rural Development yesterday at chennai and discussed  regarding the Auto slowdown and measures needs to be taken to protect the MSMEs. We requested the following immediately,

1)Urgent meeting with state level bankers for the 25%Adhoc support,

2) Requested communication to state and central GST authorities to go soft with MSMEs

3)5% Interest subvention by state for this current year.

4)other demands of GST reduction, relaxation in Banking norms for MSMEs to be taken with centre by TN GOVT.

secretary sir told that the present crisis and further development plan will be monitored directly by Honorable Cheif Minister, soon we will be meeting Cheif Minister and will appraise the matter.

K.Velmurugan
President
HOSTIA