Supreme Court of India · 2021-03-23
SMALL SCALE INDUSTRIAL MANUFACTURES ASSOCIATION (REGD.) vs UNION OF INDIA
- Citation / case number
- SC 2020/11162
- Court
- Supreme Court of India
- Petitioner
- SMALL SCALE INDUSTRIAL MANUFACTURES ASSOCIATION (REGD.)
- Respondent
- UNION OF INDIA
- Author
- HON'BLE MR. JUSTICE M.R. SHAH
- Bench
- HON'BLE THE CHIEF JUSTICE, HON'BLE MR. JUSTICE M.R. SHAH, HON'BLE MR. JUSTICE SANJIV KHANNA
Judgment text excerpt
The Supreme Court addressed the grievances of the Small Scale Industrial Manufactures Association regarding the inadequacy of the financial measures provided by the Reserve Bank of India (RBI) in response to the economic impact of the COVID-19 pandemic on MSMEs. The court emphasized the need for effective remedial measures to support the industrial sector and directed the Union of India to consider the concerns raised by the petitioners. The outcome was a recognition of the challenges faced by MSMEs and a call for enhanced governmental support.