COSIA Advocates for the Implementation of MIDC Services under the Maharashtra Right to Public Services Act, 2015
In a continued effort to improve ease of doing business (EoDB) and to streamline the industrial processes in Maharashtra, Chamber of Small Industry Associations (COSIA) has actively engaged with the Maharashtra Industrial Development Corporation (MIDC) on an important issue that affects all businesses operating within MIDC Industrial Areas in the state. In June 2024, Mr. […]
COSIA Celebrates RBI’s Landmark Decision on Foreclosure Charges for MSEs
The Chamber of Small Industry Associations (COSIA) is thrilled to announce a significant victory for the Micro and Small Enterprises (MSE) sector, following the Reserve Bank of India’s (RBI) recent decision to prohibit banks and non-banking financial companies (NBFCs) from imposing foreclosure charges and pre-payment penalties on term loans granted to MSEs. This decision was […]
Representation to Finance Minister: Concerns Over Increased Custom Duty on Vegetable Oils
On 19th September, 2024, the Chamber of Small Industry Association (COSIA) submitted a representation to Smt. Nirmala Sitaraman, Hon’ble Finance Minister of India, regarding the recent hike in custom duty on vegetable oils as per Notification No. 43/2024-Customs. This notification, effective from 14th September, 2024, has raised the import duty on vegetable oils by a […]