State Secretary CPI (M), V. Srinivasa Rao | Photo Credit: File Photos
The Indian Communist Party (Marxist) urged the main Minister Andhra Pradesh N. Chandrababa Naida to immediately release the long -waiting subsidies for the planned caste (SC), planned strain (ST) and small entrepreneurs who face serious financial need.
In the letter to the Chief Minister of the State Secretary of CPI (m), he pointed to the State Secretary of V. Srinivasa Rao that although the government announced special policies to promote industrial growth under the slogan at the “speed of business”, the implementation was insufficient, so that small entrepreneurs and merchants in a deep crisis.
He noted that the small scale sector, which provides an important job, is fighting for delays when paying promised incentives. Especially SC and ST entrepreneurs have been waiting for subsidies over the last four years, with many units close to closure. Several businesses have already changed to non -payable assets (NPA), which exposes thousands of workers the risk of employment.
According to Mr. Srinivas Rao, nearly 12,000 GBP remains in incentives waiting for the industry throughout the state, of which about 650 GBP Crore are for entrepreneurs SC and ST. He criticized both the previous government and the current coalition for not cleaning these fees for more than a year in the office.
“Even a single rupee has not yet been published. The condition of SC and staff is extremely desperate. Their industries are trying to survive, while growing bank pressures and rising interest costs only make the situation deteriorate,” he said.
The leader of the CPI (M) referred to the government to act immediately and to release the waiting subsidies to save the fighting entrepreneurs and the protection of livelihoods.
Published – 7 September 2025 17:17
