Karnataka-based investors expressed their strong desire to invest in Uttar Pradesh during the business meetings that were held between the state administration headed by Deputy Chief Minister Keshav Prasad Maurya on Monday.
While the Murthys maintained silence over their son-in-law making history, people from the corporate world expressed their happiness over the development
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The Covid-induced lockdown imposed for prolonged periods has dealt a massive blow to the fortunes of thousands of micro, small and medium enterprises (MSMEs), with many of them staring into endless pits of despair.
Despite the restrictions being eased gradually and the government permitting the units to resume operations, these enterprises continue to face a host of other problems, ranging from lack of skilled manpower to the inflated price of raw materials. In Dharwad, Dakshina Kannada and Mysuru districts, more than 40,000 MSMEs have been identified whose productivity has suffered.
President of Kanara Industries’ Association Ajith Kamath sought to illustrate the magnitude of the problem with figures: “Nearly a fourth of the 8,000 MSMEs in Dakshina Kannada are not in a position to resume operations immediately owing to fiscal constraints, rise in the cost of raw materials and shortage of labour. More than the pandemic, the uncontrolled increase in the p