Mumbai, March 20 -- As Lok Sabha elections are around the corner, Micro Small and Medium Enterprises (MSMEs) are eyeing at the new government with high expectations.
With regard to their expectations from the new government, KNN India spoke to President of Bombay Small Scale Industries Association (BSSIA) Bankim D. Mistry, who is also a post graduate from Indian Institute of Technology Mumbai.
Sharing the list of expectations, Mistry stressed on the need of having good and corruption free system seeing the present scenario.
For the MSME sector, he said ministry has hardly done anything practically. The Goods and Service Tax (GST) rates are even higher than the percentage of MSME earnings.
He asserted that 18% and 28% of Integrated G...