Industries allowed to delay lease rental payments

To help the industry come out of massive disruptions caused by the COVID-19 pandemic, the Maharashtra industries department on Thursday allowed companies to delay lease rentals. The department will also look into the industry demand for lowering or rescheduling power and water bills. The decision was announced by Industries & Mining Minister Subhash Desai who met a CII- delegation on Thursday wherein he sought their support to contain the spread of the virus and promised to accommodate the views of the industry in taking major decisions. The minister also promised to look into the demand of the industry to lower/reschedule electricity and water tariff.