Friday, September 26, 2014: Union minister for micro, small and medium enterprises (MSME), Kalraj Mishra, delivered the 100-day report of his ministry on Tuesday, 23 September, where he said that India is showing slow progress in the business front and his government is working to make the situation better.
At a press conference in New Delhi the minister said, India is lagging behind is certain areas like setting up an enterprise etc. So his ministry has chalked out five priorities to make things better. He explained entrepreneurs’ difficulties in establishing a new enterprise and then promoting the same. The first priority for the minister is to know how the present schemes are working and what are the drawbacks of all those schemes. People keep on facing lots of challenges at the grass root level and to know about their concerns the ministry talked with several related associations and discussed various issues. Different suggestions and information have been received from these discussions, and the ministry will plan new policies and their work structure, depending on these feedback.
Secondly, as the minister said, the Centre will collaborate with state governments closely. Then thirdly, the process of setting up a new enterprise, will be streamlined. An online window system is to be developed to ease the entire process. Then the fourth priority is to improve skills of the youth section of our country, as per industry demands, so that the young guns are able to create jobs for others too. Then the fifth priority is creating a policy to ensure overall progress of the sector, so that the full potential is utilised to contribute in the development of the nation. The minister also added, amendments are required in the MSME Development Act to achieve the goals, like making India a “Manufacturing Hub” and implementation of visions – “Make in India” and “Made in India”.
