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Inviting suggestions on Draft National Policy for Micro, Small and Medium Enterprises in India

Inviting suggestions on Draft National Policy for Micro, Small and Medium Enterprises in India
Start Date :
Feb 09, 2022
Last Date :
Mar 31, 2022
23:45 PM IST (GMT +5.30 Hrs)
Submission Closed

The Micro, Small and Medium Enterprises (MSME) is a highly vibrant and dynamic sector of the Indian economy with over 6 Crore units, providing employment to 11 Crore+ people (after ...

The Micro, Small and Medium Enterprises (MSME) is a highly vibrant and dynamic sector of the Indian economy with over 6 Crore units, providing employment to 11 Crore+ people (after Agriculture), having 28% share of GDP and 40% of exports. Like other sectors, MSME also has been adversely affected in terms of productivity during COVD 19. Accordingly, the efficiency and productivity of MSME assume further significance to achieve overall objectives of economic development and a V shape recovery of the Indian Economy.

Draft National Policy for Micro, Small and Medium Enterprises in India is a continuation of various measures taken to date to promote competitiveness, technology upgradation, infrastructure, cluster development, dedicated credit, procurement of products & financial assistance to MSME.

Ministry of Micro, Small and Medium Enterprises invites stakeholders, Industry Associations, MSME units and general public to share suggestions and comments on the Draft Policy. The purpose is to firm up adaptive and inclusive National Policy for Micro, Small and Medium Enterprises.

Click here to read the Draft National Policy for Micro, Small and Medium Enterprises in India

Last date of submitting comments and suggestions on MyGov platform is 31st March 2022.

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Showing 787 Submission(s)
DrMPSaravanan
DrMPSaravanan 4 years 6 months ago
Govt Industrial Ministry can act as a Mediator between Big Industries and MSMEs. So many MSMEs are suffering because of the big industries not paying to MSMEs in time.
Hemant parikh
Hemant parikh 4 years 6 months ago
Govt need to nuture such enterprises and encourage its growth thru sustain support ,so that they can provide resources to govt for developing nation for decades and give financial security to govt ,all enterprises are bound to be success if govt is a stand for each enterprises and facilitate there business at various milestone ,govt need to increase staff in approving the projects and reduce the lengthy process of approvals and stringent regulations for masses and stakeholders to cooperate in project ,and govt staff to take proactive ,positive ,approach to there discretionary powers and not destroy project with decision without application of mind
DrMPSaravanan
DrMPSaravanan 4 years 6 months ago
The MSMEs are completely dependent on Big Industries. The products produced by MSME will get their payments only after 60 days. Because of this situation small industries couldn’t function and get other orders. Request our Modi ji to give a good solution to this problem
Hemant parikh
Hemant parikh 4 years 6 months ago
Govt always looks into all enterprises as potential for recovering taxes and spending on infra etc but has no structure to facilitate such enterprises thru ease of doing business policies ,like loans ,acquisition of land ,expedite approvals of project ,machineries ,protection against vested interest ,corruption free ,govt wants timely taxes ,banks want timely emis ,but there are no rules by govt to give timely approvals ,timely loans ,protect enterprise from vested interest exploiting democracy ,justice in time ,
Hemant parikh
Hemant parikh 4 years 6 months ago
There is no provision in taxation policy wherein if enterprise suffers loss ,than it should be returned advance taxes paid by them including gst ,as such tax dept assumes that project is in profit and keeps on demanding taxes ,irrelevant to status of co or project or promoter submissions of losses ,not only that in losses tax dept attach personal properties insisting that project is in profit ,without going thru details of accounts and justification from accounts ,killing all enterprises further post being weak in losses
Hemant parikh
Hemant parikh 4 years 6 months ago
All enterprises will be 100 pc succesful ,expediting development of nation only if they get releif from corruption ,get speedy approvals ,sanctions ,ease of doing business ,and releif from tax extortion without merits ,and proptionate fast disbursal of loans ,nowadays ,sanction and approvals of project period is more than project period ,loan disbursal and liasioning period is more than project period ,causing project duration to be multiple of projected period ,and due to delayed cash flow causing collapse of project into litigation causing losses to all stakeholders ,and affected more to promoter ,who is not able to revive also due to maligning of his image
SantoshKumarSingh
SantoshKumarSingh 4 years 6 months ago
Government should promote people who are involved in micro small and medium interprises . like : a) provide lone on low interest rate. b) Develop aap regarding it on which whole information should be available. c) Develop Special card for those people. d) Government should plan to purchase their manufactured material to reliable rate.