New Delhi, July 8 -- The Micro, Small and Medium Enterprises (MSME) sector of India has been undergoing a lot of difficulties in the past few years. There was lot of hope rested on the Budget for the year 2019-2020 which was presented by Nirmala Sitharaman, Union Minister of India on July 5, 2019.

Vice President of Manesar Industrial Welfare Association (MIWA), Manmohan Gaind stated that The MSME does not need any subsidy. Instead they must be encouraged to climb up the ladder.

He insisted that the Budget is a reflection of PM Modis industrial ideologies as shown evidently in the allocation of money in the Budget itself.

The MSME should instead be given different incentive rather than a subsidy according to Manmohan Gaind.

He added ...