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Laghu Udyog to organise Seminar Nov 25, 2016

Laghu Udyog Bharati (LUB) Aurangabad unit has organised a seminar and interactive session on ''Demonetisation Opportunities for MSME'' on November 25 at Bhanudas chavan hall, Institution of Engineers Aurangabad. Addressing a press conference here today Mr Sudhir Deshpande, National Vice-President of LUB said LUB network is functioning in all states of our country and associated with more than 80,000 small and micro entrepreneurs throughout the country. LUB has active network in almost all the district and in all major industrial centre pan India. Lub Aurangabad unit has always been proactive in understanding the current issues faced by the industry and trade. 

We are organizing a seminar and interactive session on 'Demonetization Opportunities for MSME ' with participation of MSME sector, Bankers and Chartered Accountants.Expressing concern over the problems facing by the LUB members with bankers to get loans he said that, small scale industries should get their share which has been allotted by the government by lower interest of around ten percent instead of presently it is going around 18 percent. He also fear that due to the demonetization decision major industries NPA would goes high, Mr Deshpande said. Looking to the impact of Demonetization on the society we want to invite all the cross section of the society for this seminar, he further said.The seminar will be address by the R N K Mishra, DGM of SBI, Mr D B Sankpal Zonal Manger of Bank of Maharashtra and Allhad Deshmukh Chartered Accountant while Mr Om Prakash Mittal , National Presidnet fo LUB and Mr Jitendra Gupta , National General secretary of LUB will be guest of honour, Mr Deshpande added. (UNI)

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