MSMEs Minister To Unveil Policy Package For MSMEs | SupportBiz


MSMEs Minister To Unveil Policy Package For MSMEs

In a statement issued , the PHD Chamber says that Mishra would in all likely hoods make announcements for setting up of venture capital fund for MSMEs as committed in the budget proposals in the Finance Act 2014-15.

Union Minister for Micro, Small & Medium Enterprises (MSMEs) Kalraj Mishra will unveil a detailed roadmap, entailing steps and policy measures, required to give a necessary fillip to uplift the lot of MSMEs so that their contribution accelerates at intended plane at the Innovation Summit-2014 under aegis of PHD Chamber of Commerce and Industry here on Wednesday.

The Summit would moot and seriously deliberate upon the issues, confronting the MSMEs particularly access to finance, market and skilled manpower to enable them to run their businesses to cater to the needs of modern times with immersion of necessary technology in their processes so that products and produce rolled out of it find taker in the competitive and emerging markets.

The objective of the Summit is also to sensitize the banks, financial institutions and training providers for enhancing the innovative capacities of MSMEs sector and bring all relevant stakeholders and business development professionals and their mentors to a common platform so that each one of them contributes to bring about metamorphic changes in MSMEs and their production capabilities.