State owes sanctioned subsidies, incentives worth ₹2,880 crore to 3,716 industrial units: KASSIA
The Karnataka government owes approved subsidies and incentives totaling about ₹2,880 crore to 3,716 industrial units, according to the Karnataka Small Scale Industries Association (KASSIA). The association’s president, Ninganna Biradar, said that promptly addressing MSME issues would boost investor confidence and enhance the state’s ease‑of‑doing‑business environment. The pending payments have been pending for several months, affecting cash flow for many small and medium enterprises.