Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2014-09-08

Govt to come up with comprehensive policy for MSMEs

Mishra further highlighted the importance of the MSME sector and said that the country would become a developed nation on the strength of the sector.

The government will soon introduce a new comprehensive policy for the MSME sector after incorporating suggestions from related associations, Union Minister Kalraj Mishra said.
 
 
According to a PTI report, Mishra further counted the problems of entrepreneurs in setting up a Micro, Small and Medium Enterprises (MSME) unit and said that the government would incorporate suggestions from the industry bodies and association so that a progressive environment can be made.
 
 
"I held meeting with representatives of 80 associations in Delhi and sought their suggestions to make the draft policy. We will incorporate important suggestions and soon introduce the draft policy," he said at a meeting of "Laghu Udyog Bharti", which represents small scale industries.
 
 
He further highlighted the importance of the MSME sector and said that the country would become a developed nation on the strength of the sector.
 
 
Mishra said the government was making several efforts for skill development, addressing issues related to loan sanction for micro industries and improving governance by implementing e-governance system.
 
 
"NOCs from various departments have to be taken to set up a unit and now we are putting in place a mechanism to simplify the process to seek NOC in a time-bound manner," he added.
 
 
RSS leader Suresh Joshi talked about the element of 'diversity' in micro and small level industries and opined that big industries should not be allowed to enter into the business where such small scale units are working in various regions of the country.
 
 
He said that products of such small units working in regions have their own quality and local identity which vanish when big companies enter into that trade and start manufacturing those products.
Related opportunities
  • Robotics & Technical Training
    About Us : We would like to introduce ourselves as an..
    Locations looking for expansion Maharashtra
    Establishment year 2013
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Theme Restaurants
    About Us: Rang De Basanti Dhabha Centers around the idea of..
    Locations looking for expansion West bengal
    Establishment year 2012
    Franchising Launch Date 2018
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 2200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Kolkata West bengal
  • Quick Service Restaurants
    About: Starting out in 2013 with its first Pizza store in..
    Locations looking for expansion Gujarat
    Establishment year 2013
    Franchising Launch Date 2018
    Investment size Rs. 30lac - 50lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
  • Fashion accessories - women
    About Us: COVO is a premium accessories brand for Men and..
    Locations looking for expansion Karnataka
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 30lac - 50lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
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