Govt itself weakening 'atmanirbhar' campaign: RSS affiliate on MSME plan

'Govt's recent notification on the MSME sector will enable large corporates and MNCs take indirect control of the manufacturing sector in India through their subsidiaries'

The RSS affiliated Laghu Udyog Bharati on Thursday said the government’s recent notification changing definitions of micro, small and medium enterprises, or MSMEs, would end up defeating the objectives of Prime Minister Narendra Modi’s ‘atmanirbhar Bharat’ campaign, and pave the way for increased imports of foreign manufactured goods.

The Laghu Udyog Bharati, which claims to represent micro and small industries, or MSIs, working in 465 districts across the country, said the government’s recent notification on the MSME sector will enable large corporates and MNCs take indirect control of the manufacturing sector in India through their subsidiaries.

The Laghu Udyog Bharati is the