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Politics

Assam: Mid-segment businesses hit hard by high tax, inflation, absence of schemes

Businessmen, traders and contractors in Assam are keeping their fingers crossed as they hope that crucial issues such as high taxes, exclusion from financial schemes and inflationary pressure that are affecting the mid-segment businesses will be resolved by the new dispensation at the Centre after the ongoing Lok Sabha elections.Also read: Lok Sabha voting Phase 4 LIVE updatesThey felt that there would be an adverse impact on the economy if the mid-segment businesses continued to reel under pressure, despite being one of the biggest employment-generating sectors after the railways. While interacting with PTI, businessmen and traders, who are from Marwari and Bengali communities in the state, also alleged that the government has "totally neglected" the medium segment of businesses acros...