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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.

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