Maharashtra permits industries to prolong rent rental payments

The department can even peer into the switch ask for reducing or rescheduling strength and water bills.

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To relieve the switch attain out of enormous disruptions prompted by the COVID-19 pandemic, the Maharashtra industries department on Thursday allowed companies to prolong rent rentals.

The department can even peer into the switch ask for reducing or rescheduling strength and water bills.

The resolution became launched by Industries & Mining Minister Subhash Desai who met a CII- delegation on Thursday wherein he sought their strengthen to possess the spread of the virus and promised to accommodate the views of the switch in taking important decisions.

The minister also promised to peer into the ask of the switch to lower/reschedule electrical energy and water tariff.

P Anbalagan, chief executive of the Maharashtra Industrial Vogue Company (MIDC) assured members that every person payment dues to MIDC will be rescheduled without any penal amount.

The switch also requested the executive to bear in thoughts defence and aerospace, foundry switch and ESMA industries which embrace thermal strength stations and refineries, petrochemical, steel, steel and deal of others to operate at minimum skill.

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First Published on Apr 9, 2020 10: 15 pm

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