Srinagar, Dec. 7 -- Bari Brahmana Industries Association (BBIA) on Saturday said that there has been limited growth in the Micro Small and Medium Enterprises (MSMEs) engaged in manufacturing in post Goods and Services (GST) regime due to dilution in the fiscal incentives to the existing units and non-availability of state fiscal incentives for new units and units under substantial expansion.
''Due to dilution of state/central package of incentives in post GST regime and non-availability of state fiscal incentives for new units and units under substantial expansion, several numerous investors surrendered the land allotted to them prior to 2017 for the setting up of the units and shelved their projects,'' BBIA said in press release.
BBIA ...