Proposal to promote MSMEs and enhance their competitiveness

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SME Times News Bureau | 11 Jul, 2009
The promotion and development of micro, small and medium enterprises (MSMEs) and to enhance their competitiveness with better infrastructure are primarily the functions of the respective State Governments and UT Administrations. This information was given by Dinsha Patel, Minister for Micro, Small and Medium Enterprises in a written reply in the Rajya Sabha on Friday.

The Central Government, however, supplements the efforts by providing supportive measures aiming to boost MSMEs through specific schemes, which, inter alia, include the scheme for assistance for technology upgradation, comprehensive need based development of clusters, accessing the markets, improved infrastructure, facilities for training and capacity building of entrepreneurs, etc.

For setting up of industrial estates for micro and small enterprises and to develop infrastructure facilities like power distribution network, water, roads, etc, the Integrated Infrastructure Development (IID) Scheme was launched in 1994. The scheme provides for Central grant up to Rs. 2 crore for each projects (Rs. 4 crore for NE Region, HP, J&K and Uttarakhand.)

There is no proposal under the IIUS to set up hubs for various sectors as the scheme aims to enhance competitiveness of existing clusters by providing quality infrastructure under PPP approach.