Rajasthan's new MSME policy in the offing

To focus on promoting investment in micro, small and medium enterprises, the Rajasthan government will soon bring its new MSME Policy 2015. Rajasthan is focused on promoting the MSME sector in the state, an official spokesman said. Revising its MSME Policy 2008, the state government is planning to launch MSME Policy 2015 soon. A working meeting was held at Udyog Bhawan under the chairmanship of the Principal Secretary, Small Scale Industries and Khadi Grammuodyog, Rajeeva Swarup to discuss the comments and suggestions received from various stakeholders, on the draft of MSME Policy 2015.

A number of aspects were considered and discussed during the meeting: strengthening of Single Window System setting up guidance and support facilitation mechanisms provisions for fiscal incentives and concessions. The meeting also took up points relating to time bound land conversion and allotments setting up credit support systems adoption of practices to promote environment protection as well as water and energy conservation. Similarly, aspects relating to setting up skill development and incubation centers rehabilitation of sick units strengthening of MSME Government support agencies and facilitating marketing support to MSME units.

The recognition and encouragement to MSME units will bring in healthy competition and promote adoption of best practices across the sector, felt the participants. Commissioner Industries, Abhay Kumar and Additional Commissioner, Industries, L C Jain provided their own inputs and discussed the stakeholders' comments on various aspects of the MSME Policy 2015 draft. The participating stakeholders included members of associations like Federation of Indian Chambers of Commerce and Industry (FICCI) Rajasthan Chamber of Commerce and Industry PHD Chamber of Commerce Laghu Udyog Bharati and Bikaner Zila Udyog Sangh.

Industry representatives from Autolite India Private Ltd and Everest Industries Ltd were also present during the meeting. It is to be noted that the State Government has recognised MSME as a thrust sector under its Rajasthan Investment Promotion Scheme 2014 (RIPS) last year. Looking at the importance of this sector, an MSME Convention has also been scheduled during Resurgent Rajasthan Partnership Summit, to be held in Jaipur on 19-20 November this year. The policy will give a further fillip to this vital sector in the State.

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