SME Times News Bureau | 12 Jul, 2018
body PHD Chamber of Commerce & Industry has tied up with SME
Rating Agency of India (SMERA) to help entrepreneurs get financial
assistance and promote the micro, small and medium enterprise (MSME)
president Anil Khaitan said
the inauguration of the PHDCCI's Rajasthan State Chapter in Jaipur.
new turnover-based definition of MSME will bring more firms within
the MSME fold, helping them to increase their access to funds from
the banking sector, Khaitan said on Tuesday.
at the event, PHDCCI
Shruti Nada Poddar said PHDCCI was committed to the growth of MSMEs,
which contribute to more than 90% of the country's GDP.
Secretary, Ministry of Tourism, Government of India, and Special
advisor to PHDCCI, Rajasthan, Vinod Zutshi, said Rajasthan should tap
solar power, apart from tourism, to generate more revenue and jobs in
"Policy and industry needs should match.
The industrial chambers have to play a crucial role," said
Additional Chief Secretary Industries and
Chairperson RICCO, Rajeeva Swaroop, reiterated the government's
commitment to boosting industrial growth with great incentives in
Rajasthan Investment Promotion Scheme (RIPS) and other industrial
policies. He pointed out that the labour situation and the digital
ecosystem were conducive to the health of industry in the state.
PHDCCI has developed a web portal bringing in all government schemes
under one umbrella. The industry body has suggested the Government
formulate a 'Trade with India' policy apart from the existing 'Make
in India' policy.