CK Kumaravel, CEO of naturals salon demands the government to refund the 50% of GST he paid last year to pay salary for his 10,000 workers for 6 months. The entrepreneur has stated that the business he built passionately for 20 years is collapsing in front of his eyes due to this lockdown implemented by government to avoid the spread of Coronavirus. He expressed his requirement while replying to a tweet posted by Subramanian Swamy, A national executive member of BJP party.
Entrepreneur turned politician C.K. Kumaravel, the co-founder of Naturals chain of salons, is a prominent member of Kamal Haasan’s Makkal Needhi Maiam party. Recently, union minister Nitin Gadkari has said that he expects a financial package to be declared by government for the micro, small, medium enterprises (MSME) sector which contributes 29% to the country’s growth and 48% to exports. It is considered as one of a major employment sector.
Due to this corona virus pandemic which forced the country to lockdown for more than 1 month, this sector is facing huge financial struggle and the prospect of job cuts. “This is a serious thinking in the government and we are trying our level best. We are consulting all the stakeholders… different departments are consulting each other. We are trying our level best to get a good package to MSMEs where the problem is serious and we are supporting them” the MSME minister said. He who suggested a relief package to the Prime minister and the Finance minister has said that he is expecting the government to declare about the package for micro small medium enterprises as early as possible.
Now, Subramanian Swamy, in his tweet, questioned why it is taking so long for the government to clear MoF. “For the patriotic people and well wishers, I wish to state that Gadkari publicly announced that he has given the MSME package with finance required to the government. It has yet to clear MoF even after one and a half months!! Why?” asked the former cabinet minister.
For the patriotic people and well wishers, I wish to state that Gadkari publicly announced that he has given the MSME package with finance required to the government. It has yet to clear MoF even after one and a half months!! Why?— Subramanian Swamy (@Swamy39) May 5, 2020
While replying to this tweet, CK Kumaravel said that he needs to pay salary to 10,000 workers. He said that he paid Rs.50 crores of GST last year and asked the government to refund 25% from it to pay salaries for the employees for 6 months. “This is the time we need GOVT help” said the Entrepreneur by tagging Nitin Gadkari.
I need to pay salary to 10,000 people.— CK Kumaravel (@ckknaturals) May 5, 2020
The business we built passionately for 20 years is collapsing in front of our eyes.
We paid 50 crores GST last year, can Govt refund 50% so that we can pay salary for 6 months.
This is the time we need GOVT help @nitin_gadkari @sang1983 https://t.co/tmrTQwYVx4
When one of a twitter user asked why he is asking back the GST money which was paid by customers, Mr.Kumaravel said that it is one way for the government to check their bonafide. “Small businesses like salons, restaurants, sweet shops, florists, bakery, laundry’s are dependant on daily cash flows & are facing challenges to pay salary. We need help” he wrote in his reply tweet.
I agree that we are only agents for collecting GST.— CK Kumaravel (@ckknaturals) May 5, 2020
But that is a easy way for Govt to check our bonafide.
Small businesses like salons, restaurants, sweet shops, florists, bakery, laundry’s are dependant on daily cash flows & are facing challenges to pay salary. We need help
He further asked the government to help all the 12 crore employees MSME sector. he believes that the delay would lead to a irreplaceable economic pandemic in near future.
Not salon industry alone, Govt needs to support urgently all the MSME’s which employs more than 12 crore people.— CK Kumaravel (@ckknaturals) May 5, 2020
Everyday, more delay will lead to irreplaceable losses of jobs, businesses, taxes, morale and will lead to a economic pandemic.
On Saturday, Prime minister Narendra Modi underlined the need for new structural reforms and expedite work on infrastructure projects to revive the economy reeling under the impact of Coronavirus induced lockdown.