PM's Task Force on MSME sets up sub-committees
Prime Minister's task force on Micro, Small and Medium Enterprises reviewed the problems faced by the sector particularly with regard to bank finance and formed special panels to suggest the remedial measures.
By PTI |
NEW DELHI: Prime Minister's task force on Micro, Small and Medium Enterprises on Friday reviewed the problems faced by the sector particularly with regard to bank finance and formed special panels to suggest the remedial measures.
The first meeting of the task force chaired by the Prime Minister's Principal Secretary T K A Nair included Planning Commission Member Arun Maira, Labour Secretary PC Chaturvedi and Secretary MSME Dinesh Rai.
The meeting was also attended by State Bank of India Chairman O P Bhatt, who said while the task force reviewed the problems of financing faced by the small businesses, "no targets have been set."
MSME Secretary Dinesh Rai said the government gives importance to the sector and the taskforce has identified the issues of credit, labour, marketing and infrastructure as key to the sector.
Sub-committees have been formed to look into various areas identified, Rai said, adding the panels would submit its report within 30 days.
These sub-committees would be represented by the concerned department and industry association members, said D E Ramakrishnan President of an industry association IFRASTE.
The first meeting of the task force chaired by the Prime Minister's Principal Secretary T K A Nair included Planning Commission Member Arun Maira, Labour Secretary PC Chaturvedi and Secretary MSME Dinesh Rai.
The meeting was also attended by State Bank of India Chairman O P Bhatt, who said while the task force reviewed the problems of financing faced by the small businesses, "no targets have been set."
MSME Secretary Dinesh Rai said the government gives importance to the sector and the taskforce has identified the issues of credit, labour, marketing and infrastructure as key to the sector.
Sub-committees have been formed to look into various areas identified, Rai said, adding the panels would submit its report within 30 days.
These sub-committees would be represented by the concerned department and industry association members, said D E Ramakrishnan President of an industry association IFRASTE.
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