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Infrastructure key issue in border town

Infrastructure key issue in border town Updated: Updated: Share Article AAA Perched on an elevated topography of 3,000 ft, the border town of Hosur is a tale of transformation since the State’s first industrial estates found home here in the 1970s to its present bid for the status of a satellite town to Bengaluru – gently balancing the aspirations of an upwardly mobile white collar workforce and a precarious industrial and farm workforce. It is perhaps the shared border with Karnataka and its infectious aura for the national political parties that Hosur’s electoral history lends an image of a constituency with a general inclination to the national parties. The Congress has won the seat steadily from 1977, except in 1996. But, that spell was broken in 2016, when the AIADMK, became the first Dravidian party to win with the candidacy of P. Balakrishna Reddy. The constituency was duly rewarded with a ministership to Mr. Reddy, which however was vacated upon his conviction (

State s new policy evokes mixed response from micro, small and medium enterprises

State’s new policy evokes mixed response from micro, small and medium enterprises Updated: Updated: Many units are sceptical about targets and strategies Share Article Many units are sceptical about targets and strategies Ahead of the Assembly election, the Chief Minister has rolled out a policy for the MSME sector which has been grappling with various issues over the last five years. Though industrial estates said they welcomed the policy, many were sceptical about the targets and strategies listed in it. Some even said there could have been a little more detailing to solve the immediate crisis. A few associations pointed out that they were not consulted while this policy was formulated, while another section of the MSMEs was wondering whether the same structure would be followed in case of a change in government after the election.

MSMEs feel let down - The Hindu

MSMEs feel let down Updated: Updated: ‘There has been no support from the government’ Share Article ‘There has been no support from the government’ A cross-section of the representatives of the Micro Small and Medium Enterprises (MSMEs) said the announcements made by Union Finance Minister Nirmala Sitharaman in the Union Budget will not solve any of the problems facing the sector for several years now. Ms. Sitharaman said the government would reduce the customs duty uniformly to 7.5% on semis, flat, and long products of non-alloy, alloy, and stainless steel. To provide relief to metal recyclers, mostly MSMEs, she extended duty duty exemption on steel scrap till March 31, 2022.

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