Govt in process of framing separate policy for MSMEs

To improve the condition of micro, small and medium enterprises (MSMEs), the government is working on simplifying processes to facilitate such entrepreneurs and a separate policy for this sector is on the anvil.

"If work is done properly, effectively and on a priority basis in this sector, then we can see a person with minimum income can get employment. He can feel self reliant," Union MSME Minister Kalraj Mishra told reporters here on Saturday.

He said the MSME ministry was encouraging small entrepreneurs by which they could stand strongly. "The facilities which entrepreneurs should get are not there like single window system. We are simplifying the process to facilitate entrepreneurs," he said.

The minister said, till now, MSME was governed by the industrial policy and did not have a policy of its own. "We are in process of framing a separate policy for MSME sector," he said.

"Even people in the rural areas can feel self-reliant financially, therefore a thought of berozgaar se rozgaar tak (from unemployment to employment) has come and we will give a practical shape to it," he said.

The minister said skill-related training was already being imparted. "What Prime Minister (Narendra Modi) said about removing poverty, this can be a very strong medium. It can also be a medium for what PM said about skill to every hand," he said.

However, he refused to specify the time frame in which the policy would be given a formal shape. "But it will be much before then expected. The objective is to remove problems being faced by the entrepreneurs," he added.

He termed coordination between the state and the Centre important to promote the MSME sector and said that work is being done to bring an integrated system in place.

A survey is being conducted across the country and on the basis of its report lakh of people can be made self-employed in poor and backward areas, he added.