Govt. Framing Separate Policy For MSMEs: Minister | SupportBiz


Govt. Framing Separate Policy For MSMEs: Minister

Minister Kalraj Mishra had received a representation from Laghu Udyog Bharati, a Delhi based organisation which promotes small scale industries.

New delhi: Union Minister for MSME, Kalraj Mishra has said that the government is simplifying the process and framing separate policy for the sector to facilitate MSMEs more.

"The facilities which entrepreneurs should get are not there like single window system. We are simplifying the process to facilitate entrepreneurs," he told media on the side lines of a representation from Laghu Udyog Bharati in New Delhi on Saturday.

He said. "If work is done properly, effectively and on priority basis in this sector, then we can see that a person with minimum income can get employment. He can feel self-reliant."

He said the MSME ministry is encouraging small entrepreneurs by which they can stand strongly. The Minister said that till now MSME was governed by the industrial policy and does not have a policy of its own.

"We are in process of framing a separate policy for MSME sector," he added. In their representation to the minister, they demanded the establishment of a welfare commission for SMEs with quasi-judicial powers to oversee the implementation of different government schemes intended for MSMEs.

The organisation also demanded representation in MSME board as well as other related bodies including the National Small Industries Corporation (NSIC) and National Skill Development Council.

The minister assured that he would look into their demands and take appropriate decision.