New Delhi, March 31 -- Amid crippled situation during lockdown due to coronavirus pandemic, the Congress has demanded that the Central government should bear 70 per cent of wage bill of Micro, Small and Medium Enterprises (MSMEs) for three months.
The party, also sought a law to make sure that there will be no retrenchment in any sector or company for the next six months.
''Bearing 70 per cent of the wage bill of the MSME sector for three months will entail an expenditure of about Rs 1 lakh crore. The Central government should bear 70 per cent of salary and wage bill of MSME for three months from March to May 2020, Congress spokesperson Gourav Vallabh said in a statement on Monday.
Vallabh further said that the contribution of MSME se...