Question : Revival of Closed SMEs

(a) whether the Union Government has taken cognizance that many private companies and several Small & Medium Enterprises (SMEs) registered with Registrar of Companies (ROCs) were severely affected or closed down in one year since the introduction of Goods and Services Tax (GST);
(b) if so, the details of the companies shut down, State-wise;
(c) the effective steps taken by the Union Government to facilitate such distressed SMEs and bring back them to normalcy; and
(d) the details of the loss of jobs due to this regression in Micro, Small & Medium Enterprises (MSMEs) sector and the Government’s stand in this regard?

Answer given by the minister

MINISTER OF STATE FOR LAW AND (SHRI P. P. CHAUDHARY)
JUSTICE AND CORPORATE AFFAIRS


(a) to (d) : The Ministry of Micro, Small & Medium Enterprises (MSMEs) has informed that it has no information/data on closure of Small & Medium Enterprise Units/ their distress or the consequent job loss.
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