Summary:
This natural calamity has given a big blow to these industries. A team from the Karnataka Industrial Area Development Board, Karnataka State Small Industries Development Corporation Ltd and Mangaluru City Corporation had recently visited the industries to assess the losses.The letter has also drawn the attention of the chief minister towards the flaws in stormwater drains. Most of these industries are located at the Baikampady Industrial Area Hegde also said the rain that lasted for a few hours, has stopped production from taking place from two to 20 days. MANGALURU: Heavy rainfall and the subsequent artificial floods on May 29 have caused losses to the extent of a whopping Rs 10 crore to small-scale and medium-scale industries in the district.Gaurav Hegde, president of Kanara Small Industries Association, has shot a letter to chief minister H D Kumaraswamy , requesting the state government to bail out entrepreneurs whose businesses have been severely affected because of the devastation.“The SME sector is facing a lot of hardship due to demonetisation and implementation of GST. We request your good self to help entrepreneurs who suffered due to this natural disaster, by giving compensation to recover from these losses, which some industries may not be in a position to restart,” the letter read.According to the letter, a copy of which is with the TOI, Hegde has said at least 50-60 industries were inundated by flood water to a level of 2-4 feet, resulting in huge damage to raw materials, finished goods, packaging materials, machines, motors, electrical panels and transformer structural damage..