Business community applauds govt policy of loans to industrial workers

industrial worker

HYDERABAD: President Hyderabad Chamber of Small Traders and Small Industry Daularam Lohana has lauded policy of federal government under which it has announced small scale loans to industrialists and so traders that they can pay salaries to industrial workers for three months of April, May and June 2020.

Those who have been become jobless in view of lockdown due to coronavirus pandemic will get this loan benefit. However, he opposed 5% mark up on these loans adding that at this critical juncture burden of markup was out of sense as the whole industry has virtually broken down and they have nothing to pay to workers as such he demanded from the government to ward off mark up to zero percent.


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