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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)
Ravi Valecha
Ravi Valecha 4 years 4 months ago
Dear Sir, Madam, I am the CEO of India Factoring and Finance Solutions Pvt. Ltd. a registered NBFC and Authorized Dealer by RBI. I have following suggestions to be made: 1. The guidelines have mentioned enabling finance through TReDS. Please change that stating " In order to improve the liquidity position, Factoring product as outlined in the Factoring Regulation Act 2021 is recommended." Reason: Factoring is overall product under which TReDS operate. mentioning broad term as Factoring will have better understanding. 2. For SMEs, collaterals to support banking finance is a challenge. Trade Credit Insurance backed financing is better. incentivize Banks and NBFCs to provide by providing RWA benefit from RBI. using Factoring and other products. If included in policy it will have better reach and awareness. 3. As specialist for Factoring, we would be glad to support ministry in fine tuning the policy to enable ease of finance. regards Ravi Valecha 9930436697
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Ravi Valecha
Ravi Valecha 4 years 4 months ago
Dear Sir, Madam, I am the CEO of India Factoring and Finance Solutions Pvt. Ltd. a registered NBFC and Authorized Dealer by RBI. I have following suggestions to be made: 1. The guidelines have mentioned enabling finance through TReDS. Please change that stating " In order to improve the liquidity position, Factoring product as outlined in the Factoring Regulation Act 2021 is recommended." Reason: Factoring is overall product under which TReDS operate. mentioning broad term as Factoring will have better understanding. 2. For SMEs, collaterals to support banking finance is a challenge. Trade Credit Insurance backed financing is better. incentivize Banks and NBFCs to provide by providing RWA benefit from RBI. using Factoring and other products. If included in policy it will have better reach and awareness. 3. As specialist for Factoring, we would be glad to support ministry in fine tuning the policy to enable ease of finance. regards Ravi Valecha 9930436697
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Jayrajsinh Bhikhabhai Zala
Jayrajsinh Bhikhabhai Zala 4 years 4 months ago
Government should appreciate the people who take advantages of various schemes, as government launched various schemes but it could not be reach to the remote area. If there is some amount of appreciation to take advantage of scheme than people may more participate in that scheme. For example if one has participated in PM aavas yojna, PM aayusyman Bharat yojna, and other schemes and it is seems that after taking advantage of these scheme his/her quality of life is improved than government should appreciate him/her.
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arjun
arjun 4 years 4 months ago
सर्वप्रथन नई टेक्नोलॉजी के साथ पुराने बंद हो गए घरेलू व्यवसाय को बढ़ावा मिले।। और उन्हें प्रसार प्रसार करे।। गाँव की मिट्टी गाँव मै रोजगार कार्यक्रम चलाना चाहिए
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MakarandBaraskar
MakarandBaraskar 4 years 4 months ago
भारत माता ने विश्व को अनेक उपहार दिए बहोत से देशों की बुनीयाद ओर उसे मजबूत ओर अनेकों आयामों से मजबूत करने में भारतीय संस्कृति, ज्ञान, संस्कार ओर महापुरुषों का अनमोल योगदान है। विदेशी पर्यटक भारत में अनेकों कारणों में से कूछ मुख्य हैं उनमें ध्यान, योग, संगीत उसकी विधीया, शिक्षा, कूंभ मेला ओर सांस्कृतिक , ऐतिहासिक परंपरा ओर स्थल जो धरोहर हैं। अभी इसमें विशेष व्रुद्धी शारीरिक और मानसिक उपचार जो आयुर्वेद का हीस्सा है। ओर अनेक शहरों में अस्पताल लो में उनके लिए सस्ते भी है। मल्टीस्पेशलिटी अस्पताल भागीदार बन सकते है
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J Sunil Kumar
J Sunil Kumar 4 years 4 months ago
Respected PM JI, selling shares LIC is good to even micro investors but I have one suggestion instead of selling lic shares you can call for people who owns vehicles in India to invest like ex: if one individual invest in IOCL company IOCL company can guarantee customer to give future fuel in lesser cost if IOCL have debts by this they can clear debts &same intrest on saving to IOCL can be given as benift to invested customer. Ex: 2 million customers invest per head atleast 1 lac then it's 2 hundred billion rupees can be raised assume for Gas cylinder etc they may fetch more billion to serve & indirectly get rid of IOCL burden on debts at same time customer saves money on future purchases on fuel/gas etc., because customers are spending more than earnings on saving schemes if govt is guaranteed to investors who invests can get extra milage on reduction on GST I heard some GST is reduced on fuel so please implement this benifit instead of selling LIC IPO Think big to serve better.
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Sampurna Ganguly
Sampurna Ganguly 4 years 4 months ago
There are a few leading e commerce marketplaces in India. It will be great if some kind of internal checking by the Government can be done to ensure that all e sellers are provided equal opportunities . Also proper algorithms / visibility should be ensured by transparent rules by these e commerce giants. The fair price regulation can also be controlled in this way if regular checking is done.
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Krishna Kumar
Krishna Kumar 4 years 4 months ago
Namaskara, I wish to submit the following suggestions to the Draft national policy on MSME. These suggestions are based on my experience of more than 20 yrs, working with various MSME’s, Start-ups, Large Public & Private Sector Companies and Development Sector organisations, including my work during previous Government under (Late) Sri Atal Bihari Vajpayee ji, as Consultant on Power Sector Reforms & Public Sector Re-Structuring and (SMART) Governance Reforms for various Government depts. & public utilities. Short-term issues : addressed in phase -1 1. Revival of MSME’s post covid19 lock down in June 2020 2. Shortage of skilled workers Long term issues : addressed in phase – 2, details in the attachment. i. Access to finance ii. Access to latest technology iii. Poor Product Finishing & Quality and Low Productivity iv. Lack of Professional Management Skills Dhanyavadha, Krishna Kumar
mygov_1645808439208079.pdf
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