Government panel to look into MSME problems
Hotline: 1800 102 2007
X
Search Business Opportunities
2014-04-03

Government panel to look into MSME problems

Jasbir Singh, General Manager, National Small Industries Corp (NSIC) said, “The government has formed a committee under the Secretary MSME which will review all the problems being faced by small scale units and give its recommendation.”

Speaking at a FICCI-Confederation of Micro, Small and Medium Enterprises (CMSME) seminar on 'MSME Prosperity', organised with a view to empowering Indian MSMEs and build their competitiveness, Jasbir Singh, General Manager, National Small Industries Corp (NSIC) said, “The government has formed a committee under the Secretary MSME which will review all the problems being faced by small scale units and give its recommendation.”

 

"From 1st April 2015 it will be mandatory for all government departments to implement the public procurement policy by which 20 per cent of all government and public sector unit procurements have to be from SSI (small scale industry) units," he added.

 

Currently, though every ministry except for defence is required to procure a minimum of 20 per cent of annual value of goods and services from micro and small enterprises, many ministries are yet to come up with procurement plans.

 

The government has thus started a review of the public procurement policy both at national and state levels.

 

Singh said there are 350 items reserved under the government's procurement policy by which it can only source these items from small units.

Related opportunities
  • Express Food Joints / Drive Through
    About Us: Situated along the NH 58 near Khatauli, Uttar Pradesh,..
    Locations looking for expansion Delhi
    Establishment year 1950
    Franchising Launch Date 2018
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 8000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Activity Centres, Day Care & Creches
    About:  Right offers a brand new method of education in the..
    Locations looking for expansion Delhi
    Establishment year 2014
    Franchising Launch Date 2017
    Investment size Rs. 5lac - 10lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Laziz opens 100+ Stores across India in 2017 LAZIZ  PIZZA ™..
    Locations looking for expansion Maharashtra
    Establishment year 2010
    Franchising Launch Date 2012
    Investment size Rs. 5lac - 10lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Kolhapur Maharashtra
  • Become ASCENT ABACUS & BRAIN GYM franchisee today to be..
    Locations looking for expansion Haryana
    Establishment year 2003
    Franchising Launch Date 2005
    Investment size Rs. 50 K - 2lac
    Space required 300 sq. ft.
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Gurgaon Haryana
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts