Now Reading: MSMEs Need Grassroots Delivery of Government Schemes, Officials Say
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MSMEs Need Grassroots Delivery of Government Schemes, Officials Say
MSMEs Need Grassroots Delivery of Government Schemes, Officials Say
Micro, Small and Medium Enterprises are central to India’s development, officials said at a two-day vendor development programme in Akola district. The programme was organised by the Development and Facilitation Office in…
The Story in Brief
Micro, Small and Medium Enterprises are central to India’s development, officials said at a two-day vendor development programme in Akola district. The programme was organised by the Development and Facilitation Office in Nagpur under the Union Ministry of Micro, Small and Medium Enterprises.
Dilip Swami, managing director of Maharashtra State Seeds Corporation, said benefits from Central and state government schemes must reach people at the grassroots. V R Shirsat, regional director of the MSME Development Office, said the Micro, Small and Medium Enterprises Development Act, 2006, provides a framework for manufacturing and services businesses. He said it supports enterprise classification, access to credit and timely payments.
The Indian Opinion
Calling MSMEs the economy’s backbone is easy, but that slogan should not substitute for delivery. Claims that schemes automatically help businesses overlook delays, weak awareness and payment problems. At the same time, treating every government programme as ineffective ignores the Act’s practical framework and vendor outreach. The useful test is simple: how many participating firms secure credit, win contracts or receive payments on time after the Akola programme?
Source: thehindubusinessline.com
This story was synthesised by AI from the source linked above.
