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Kochi, March 1

THE Budget announcements for the small-scale sector are unlikely to help them, according to Dr P.M. Mathew, Director, Institute of Small Enterprises Development (ISED).``The Finance Minister has spent 15 lines in his Budget to describe what this small sector is and what he is planning to do. But, unfortunately, it is a litany of things, which we have been used to in almost all Budgets for the last several years,'' he said.

``We cannot feed the sector anymore with the usual Yojanas. We are going to discuss Non-Agricultural Market Access (NAMA) with WTO. We have to face the miracle of subsidies which the European Union alone enjoys,'' he pointed out. Has the Finance Minister thought about it, he asked.

"I feel pained that the message of Quit India movement is being sold out not only in terms of its politics, but of economics as well,'' he said.

(This article was published in the Business Line print edition dated March 2, 2005)
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