Relief in Interest on Loan and Monthly Rentals due to Lockdown

Relief in Interest on Loan and Monthly Rentals due to Lockdown

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Venkatesh Bajaj started this petition to Prime Minister of India

All businesses whether MSME, MNC, or even a small shopkeeper has been shutdown since 21st March 2020 due to precautionary measures related to COVID-19. All are facing severe working capital crises, because income is Rs.0 since Lockdown.

Our humble request to our Prime Minister of India to give relief from paying INTEREST on LOAN [Home Loan, Business Loan, e.t.c.] and also the MONTHLY RENTAL of Telephone and Broadband connection for the commercial sector and relief from MINIMUM ELECTRICITY CHARGES during the period of non-operation of Industrial activity [Only the consumed units should be charged]

We also request our Honorable P.M. to release Loan as working capital on the lower interest rate for all MSME sector, with the lowest documentation formality. The amount can be up to 20% of the previous year turnover.

Please join this campaign by signing this petition by the maximum number of Businessmen.

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