Trinamool Govt has done a lot for small and medium businesses, and farmers: Dr Amit Mitra
Finance Minister Dr Amit Mitra, while replying to a debate in the State Assembly, said that the Trinamool Congress Government has done a lot to help small and medium businesses, and farmers, among others, and elaborated on the statement.
He said that the government has done away with the requirement for businesses with an annual turnover of less than Rs 20 lakh to pay the goods and services tax (GST). This would benefit 1 lakh 27 thousand 45 small and medium-scale businesses.
And for those with an annual turnover of less than Rs 1.5 lakh, there is the single control system (SCS), which would benefit 1.87 lakh businesses. Additionally, there is the Composition Scheme for such businesses, through which businesses are being able to improve their bottomline by paying much less tax. This is benefitting 1.87 lakh businesses.
Dr Mitra then spelt out the measures taken for farmers by the Maa-Mati-Manush Government led by Chief Minister Mamata Banerjee.
The State Government has created a fund of Rs 100 crore for buying farmers’ products at the minimum support price (MSP) so that even when there is excess production, farmers do not suffer because of the fall in prices. He said that no other state has been able to create such a fund and that this would immensely help the farmers of Bengal.
Then, the government has also done away with the mutation fee paid by farmers to give them relief. This would benefit seven to eight lakh farmers.