Rising operational costs, payment delays sink 1.2 lakh MSMEs: Shiv Sena(UBT) in ‘Saamana’Mumbai: The Shiv Sena Uddhav Balasaheb Thackeray (UBT) on Wednesday, citing the Central government’s data presented in the Lok Sabha, said that in the last three years more than 1.25 lakh industries and factories in the country have shut down. The editorial said that, as per government data, a total of 1,21,805 Micro, Small, and Medium Enterprises (MSME) units closed operations between 2024 and 2026. The shutdown of MSME units has hit several industrial states severely. Rajasthan saw 9,881 MSME units permanently cease operations. “The absence of targeted rehabilitation programmes for sick industrial units continues to lead to rising Non-Performing Assets (NPAs) for banks and sudden job losses for young workers across the country,” it commented.