<?xml version="1.0" encoding="UTF-8"?>
<root>
    <author>ENA</author>
    <category>State</category>
    <date>2020-06-05 10:41:42</date>
    <fulldesc>&lt;p&gt;&lt;strong&gt;Madurai, Jun 5 (KNN)&lt;/strong&gt; The Madurai District Tiny and Small-Scale Industries Association (Maditissia) has urged the government to waive off document registration fee on the Emergency Credit Line Guarantee Scheme (ECLGS)&lt;/p&gt;&#13;
&#13;
&lt;p&gt;''The central government had announced that ECLGS could be obtained based on the loans already obtained by the industries,'' said president of Maditssia, B Muruganantham in a statement.  &lt;/p&gt;&#13;
&#13;
&lt;p&gt;Muruganantham said that this new loan would be an additional 20% of the collateral based loans already obtained by them.&lt;/p&gt;&#13;
&#13;
&lt;p&gt;''To obtain the loans based on the already pledged collateral, industrialists are forced to go to the registration offices and register the already pledged document, for a fee not less than Rs 30,000,'' he added.&lt;/p&gt;&#13;
&#13;
&lt;p&gt;This is a time consuming and cumbersome procedure.&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;iframe frameborder=&quot;0&quot; height=&quot;500&quot; id=&quot;mgiframe&quot; src=&quot;//mg.mgid.com/mghtml/framehtml/c/k/n/knnindia.co.in.338951.html&quot; width=&quot;100%&quot;&gt;&lt;/iframe&gt;&lt;/p&gt;&#13;
</fulldesc>
    <id>25201</id>
    <link>https://knnindia.co.in/news/newsdetails/state/madurai-msme-urges-govt-to-waive-off-registration-fee-on-eclgs</link>
    <pubDate>2020-06-05 10:41:42</pubDate>
    <source>knnindia.co.in</source>
    <title>Madurai MSME urges govt to waive off registration fee on ECLGS</title>
</root>
