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my government is very supportive to business they even encourage small scale businesses with loan in order for them to start or and grow well.The assistance the government gives to busineses is not adequate enough,they usually favour the big firms and out fit,the grants that is suppose to get to busineses that need this support most does not get to them,this is due to beareucratic practice.
That is very sad news. The govt should always try to encourage small and medium size businesses. That will not only boost the economy of the country, but also help in creating vacancies for job as more people will work in those businesses.In my country government is not doing anything to support business in the country. The power sector has remain a woe for many years and they are not doing anything to improve the electricity so more business can come up and survive. No incentives to encourage the business owner.
In my country, instead of granting loans and grant, after they must have signed the amount of grant that will be allocated to the businesses the government themselves are the one that will swallow the money.Business is one of the major factor that determines the growth and development of a country because it it is a GDP booster and a tool macro economy. In my country to an extent the government is trying as much as possible to support businesses especially the existing ones through loans and grants unfortunately and loans and grants don't go to the right persons due to corruption so people strive on their own to grow their businesses. Share your views with respect to your country.
That is very unfortunate. The govt must have an approaching mindset towards people. The pandemic situation is very hard everywhere, and in such a time it is important that govt should provide support.In our country every individual exist on themself because the government of The People do not really care for the people and their business,they are not supportive because they have not made any availability for business people to have access to Grant.
I'm sorry if I might have said this sometimes I always believe that there is something wrong with the government of my country,even during the pandemic period The rice and all other food package that were given by the world health organization to be shared to people that is affected by the pandemic was hoarded by the government.That is very unfortunate. The govt must have an approaching mindset towards people. The pandemic situation is very hard everywhere, and in such a time it is important that govt should provide support.
That is same thing we are experiencing in our clime.Most of the policies that the government is bringing out does not really favour the small and medium busineses,and this has stunted the growth of these busineses.Our business is supportive only to the big companies. Unfortunately the small businesses seemed to be neglected especially when it comes to taxation that is onerous. That is the reason why small businesses are learning the art of avoiding tax payments simply because it is unfair. They pay high taxes while the big corporations get some exemptions.
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