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Essential to make MSME products competitive, cost effective: Mishra
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SME Times News Bureau | 29 Dec, 2014
Union Minister for Micro, Small and Medium Enterprises (MSMEs), Kalraj Mishra has said it was "essential" to make products manufactured by MSMEs "more competitive" and "cost effective", reports media.
"Today's global environment has brought in new opportunities and challenges before micro, small and medium enterprises. They have to be content against larger volumes of mechanised production, better designs and marketing of products at lower costs," he said at the annual three-day event SOUMEX 2014 in Chennai.
Stating that the MSME sector accounts for 45 percent of the country's manufacturing output,
Mishra said, "It is therefore essential for us to devise methods to make the products of our MSMEs more competitive and cost effective."
The minister was in Chennai to take part in the "SOUMEX 2014" on Saturday, the annual three-day event, organised by National Small Industries Corporation and Tamil Nadu Small and Tiny Industries Association.
"Prioritising credit to MSMEs, training and incubation, performance and credit rating scheme, technology upgradation are some of the steps taken by my Ministry to assist MSMEs compete in the global market," he said.
According to him, the MSME sector accounts for about 45 per cent of the manufacturing output and over 40 per cent of national exports of the country.
"In recent years, the MSME sector has consistently registered a higher growth rate compared to the overall industrial sector," he said.
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Corruption is more then the development
Kailash | Wed Jan 7 17:13:34 2015
I would like to tell shri kalraj mishra ji that i have written many letters to you for the corruption in Uttrakhand SIDCUL and other industry deptt but what is action??? pls work to remove corruption and make the system responsible and make act for corruption and officers who delay work. kick them out of system in a second then you can do much better . no need of black money come back . black money is in our country is more then out side country. so make vigilance more active who should work with a single complaint. I had a hunger strike of 7 days against corruption with information to PMO and DCMSME and CM of Uttrakhand but why i sit for 7 days when i am a industrialist ??? is this a country or is this PMO who want growth of our country all are fake and fool who dont work for the country who work to earn money and to safe the corrupt officers. I talked to the office of kalraj mishra PA He gave me a email id but no action why?? means they want to our country man die they dont care
MSMEs credit policy
C Sunil H | Wed Dec 31 13:21:27 2014
Res.Sir,
with due regards,
it is indeed time to give a fresh look to our credit policy for MSMEs along with the existing ones which is the backbone of our economy and a lot is to be done for industries of our country and to make them competitive various measures are to be considered seriously and timely implementation is also to be checked otherwise there is system in our country that the benefit reaches in fractions from top to bottom and the real sufferer is left with the option of suicide due to delaying tactics and sheer apathy of certain inefficient and incapable officers.
There should be a direct approach channel to the office of the minister for entreprenur to the benefits and welfare programmes declared by the ministry of industries.
These are a few suggestions out of many for perusal.
Thanks.
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