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A critical shortage of LPG is pushing micro, small and medium enterprises towards an operational crisis, the Association of Indian Entrepreneurs said, calling for urgent intervention of central and state governments to prevent job losses in the sector. Association of Indian Entrepreneurs National Chairman K E Raghunathan highlighted that for thousands of small industries, commercial kitchens, and food processors, "LPG is not just a fuel, it is a lifeline of daily production." In a statement on Sunday, he said, "When supply becomes uncertain and prices rise sharply, MSMEs simply cannot absorb the shock." "Unlike large corporations, MSMEs operate on extremely thin margins. A sudden spike in energy costs or irregular LPG supply can force many units to cut production, reduce workforce, or temporarily shut down operations. If this situation continues, it could trigger a chain reaction impacting employment, supply chains and local economies," he added. Raghunathan urged the central and .
The government will fund a large part of the costs incurred by micro and small exporters to obtain international approvals for complying with regulations such as REACH and CBAM in Europe to help them boost shipments, Commerce and Industry Minister Piyush Goyal said on Monday. The support is being extended to these exporters under the Rs 25,060 crore export promotion mission (EPM). Under the mission's Trade Regulations, Accreditation and Compliance Enablement (TRACE) measure, support will be extended to exporters in meeting international testing, inspections, certifications and other conformity requirements. Partial reimbursement of up to 75 per cent will be provided for eligible testing, inspection and certification expenses, subject to an annual ceiling of Rs 25 lakh per IEC (importer-exporter code). "In the export promotion mission, we have provided funds so that wherever you require to get approvals internationally, particularly for micro and small units, the government will fun