2014-07-05

Give more sops to MSMEs in budget: IDSA

Indian Direct Selling Association (IDSA) has asked the government to give more encouragement to the MSMEs in the Union Budget.\r\n\r\n

Give more sops to MSMEs in budget: IDSA

Indian Direct Selling Association (IDSA) has asked the government to give more encouragement to the MSMEs in the Union Budget.

                                                       

In a budget wish list, IDSA has asked government to create a conducive environment to attract more FDI in the country which will create more employment opportunities.

 

"We need to incentivise setting up of micro, small and medium enterprises in Tier II and Tier III cities to boost Trade and Commerce Activities in the region. It will create a competitive level playing field with other emerging economies," said IDSA Secretary General Chavi Hemanth.

 

The association also asked the government to implement the Goods and Services Tax (GST) reforms.

 

"To keep the faith of so many industries and to simply the tax structure, rapid implementation of uniform GST is needed in order to decrease compliance burden for Businesses as well as reduce paper work while making tax system simpler and transparent," she said.

 

The direct selling body further asked to stabilise price of food items, continue with the gas subsidy, provide more grants to the milk industry and modernize rice industry.

Related opportunities
  • Bike Rental
    2WheelR is a new age, tech-enabled retailing platform for end..
    Locations looking for expansion Maharashtra
    Establishment year 2020
    Franchising Launch Date 2023
    Investment size Rs. 20lakh - 30lakh
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Haveli Maharashtra
  • AHOY! Bikes (Mitras Group) has been serving the bicycle industry..
    Locations looking for expansion Delhi
    Establishment year 2018
    Franchising Launch Date 2020
    Investment size Rs. 20lakh - 30lakh
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi Delhi
  • Precious Jewellery
    Foro is a luxury jewellery brand, based and manufactured in..
    Locations looking for expansion Maharashtra
    Establishment year 2019
    Franchising Launch Date 2019
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Payment Solution Services
    XPayBack is a technology company that provides innovative payment solutions..
    Locations looking for expansion Kerala
    Establishment year 2022
    Franchising Launch Date 2023
    Investment size Rs. 10lakh - 20lakh
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ernakulam Kerala
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts

pincode
;
ads ads ads ads