KASSIA says Karnataka owes ₹2,880 crore in industrial subsidies and incentives
The Karnataka Small Scale Industries Association says the State owes sanctioned subsidies and incentives worth ₹2,880 crore to 3,716 industrial units. Its president, Ninganna Biradar, said resolving MSME concerns promptly would support investor confidence and improve the business environment.
The Karnataka Small Scale Industries Association has said the State owes sanctioned subsidies and incentives totalling ₹2,880 crore to 3,716 industrial units. The trade body presented the figure as an outstanding obligation to industrial units. The supplied information does not specify when the dues were sanctioned, how long payments have been pending, or the departments responsible for disbursing the money.
KASSIA president Ninganna Biradar called for the timely resolution of concerns affecting micro, small and medium enterprises. He said addressing those issues would strengthen investor confidence and improve the ease of doing business in the State. The available account does not break down the ₹2,880 crore by scheme, industry, district or category of beneficiary.
It also does not state whether any portion of the amount has been paid, or whether the State government has issued a response to the association’s claim. KASSIA’s position links the unpaid subsidies and incentives to wider conditions for businesses. According to Biradar, resolving the concerns of MSMEs is important not only for the affected units but also for confidence among investors and the State’s business climate.
No further details were supplied about the industrial units involved, the nature of their approved benefits or the steps proposed to settle the dues.
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