MSME census SoonTeam YS
A census report of the Micro, Small and Medium Enterprises in the country is likely to be released by the end of this month. Report will help the government chalk out policies for the sector, The report is being conducted with the objective of laying down a well thought-out plan for small firms to follow in order to achieve an all-inclusive growth. Accroding to MSME Secretary Dinesh Rai the final report of the census is expected by the month-end. The report would also provide information on production, raw material, employment, exports, assets, plant and machinery, products and services, net worth, loan taken by enterprises and outstanding debt, besides aiding in assessment of the sick units under each category. The sector employs about 4.20 crore people and contributes around 40 per cent to the country's exports.Once the report is published, the Centre is expected to bring out more policy reform measures to enhance the competitiveness of the MSME sector.