Mysore/Mysuru: Karnataka Small Scale Industries Association (KASSIA) President K.B. Arasappa has said that around 20 per cent of Small and Medium Enterprises (SMEs) have stopped production due to Corona crisis.
Talking to reporters here yesterday, he said the lockdown, imposed by the Government of India to check the spreading of pandemic, affected the supply of raw materials, repayment of loan to banks and supply. Even after lifting the lockdown, industries have not recovered yet. Migrant workers who had left Karnataka due to the fear of COVID-19 during March-April have not returned. This has affected the functioning of industries. Lack of basic amenities was also one of the reasons for the slowdown of industrial activities, he added.
