Small scale industries body KASSIA (Karnataka Small Scale Industries Limited) on Wednesday urge the government to help industries through payroll support to a possible extent in order to help MSME (Micro, Small & Medium Enterprises) maintain employment levels.
KASSIA welcomed the government decision to postpone the payment of variable Dearness Allowance (DA) by industries for the year 2020-21 in view of the difficulties faced by MSME owing to the pandemic. “This will help the industry retain employment at a time when cash flows have dried up. However, the relief is only temporary and will increase the burden later due to adding up of arrears,” the trade body said.
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It thanked the Government of Karnataka for lifting the week-long lockdown keeping in view the sustenance of livelihoods and the economic activity underpinning them. This is essential though times are hard, KASSIA said in a release. “We would like to urge the industry to ensure health and safety of staff and everyone involved by following the COVID-19 related protocols strictly,” it said.