‘Political indifference in UP affecting MSMEs’ performance

Industry in Uttar Pradesh is reeling under the impact of not only the recession in the economy but also due to the political indifference to industry by the state government.

Stating that there is a complete lack of dialogue between the political leadership and the industry, VK Agarwal, senior vice president of the federation of Indian Micro, Small and Medium Enterprises (FISME) said that this is responsible for the continued decline in the business climate in the state and is also a major reason behind the exodus of the industry from the state.

Courtesy: The Financial Express (July 14, 2009)