MSMEs in North India facing severe power crisis: Assocham

Several micro, small and medium enterprises (MSMEs) in northern India are on the verge of closure due to severe power crisis in that part of the country, industry body Assocham today said.

"The worst affected states are Punjab, Uttar Pradesh, Haryana, Rajasthan and Delhi, thereby threatening the livelihoods of thousands of workers," the chamber said in a statement.

In Uttar Pradesh, power cuts exceed 10-12 hours a day and in the absence of corrective measures, units would have to curtail their production, it said.

Besides, industrial units in Jammu & Kashmir are also suffering from a power shortage, it added.

"Power theft, leakages and transmission & commercial losses were the main reason for power deficit in these states," it said.

The chamber said the government should take steps like transfer of surplus power from the captive units to the state grids to fight power shortages in short-run.

"Use of non-conventional sources of energy, especially for domestic usage and street lightning, is another short-term solution," the statement added.

The MSME sector accounts for 8% of the country's GDP, 45% of its manufactured output, 43% of its exports and employs over 8 crore people.

EDITORIAL OF THE DAY

  • While net neutrality is a noble concept, internet for all is a necessity

    The Telecom Regulatory Authority of India’s directive that no service provider should offer or charge discriminatory tariffs for data services on th

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Arun Nigavekar

Tablets, memory cards for educatioNext

The Commonwealth he­ads of government mee­ting held in Malta last ...

Rajgopal Nidamboor

Try to awaken the archaeologist within

Our mind is far ahead of René Descartes’ famous maxim, ...

Dharmendra Khandal

Urbanisation is costing us our wildlife

The road transport and highways minister Nitin Gadkari aims to ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture