Let's save the Small Scale Industry by voting for continuity of JPC rebate.
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Respected All Concerned,
Since long the SSI units were getting the benefit of JPC rebate from the NSIC/SSIC (policy of the Government of India) so that they could compete with the Large Scale Industry. The large scale producer's have a huge capital inflow,huge turnover and can buy the basic raw material from the Government owned steel producing units like SAIL/RINL with lot of quantity discounts but the small scale industry suffers from the capital inflow as well as the huge requirement and hence cannot avail the discounts. The Government's initiative to boost the MSME sector suffers a paralytic attack if the Small scale units do not get that equal balancing platform to compete. NSIC/SSIC used to do a quantity MOU agreement with SAIL/RINL and used to pass over the benefits to Small scale units. Unfortunately for this year (till date) the JPC rebate has not been cleared by the ministry and lot of requests have been submitted to the regional offices of SSIC/NSIC.
Infact after GST implementation even the Excise benefits have been withdrawn from the SSI and now because of this non supportive decision by the said ministry it is becoming more and more tough for the SSI to exist and compete. This policy inaction over rules the motivating and helpful attitude (Make in India) of our Respected Prime Minister Jee.
I on behalf of the like minded people kindly request you to please re consider the decision and allow the SSI's to get the benefits.
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