By Tricitynews Reporter
Chandigarh
20th September:- MSME is the key engine
of social and economic growth of the country, and the forthcoming industrial
policy of Punjab puts special emphasis to propel its progress in the state,
said Rakesh Verma, Secretary of Industries and Commerce, Punjab.
Speaking at the inaugural
of the one-day conference organized by PHD Chamber of Commerce and Industry, on
“Propelling MSME Growth”, he said
that the state government intends to stimulate industrial revival in the state
by creating conducive environment for industry, ensure skills development and
open newer employment opportunities for the youth.
He asked the industries
to form clusters in their respective areas for which the state government would
facilitate access to substantial Centre’s grant and other infrastructure
support.He added that cluster development is one of the key strategy that the
state government has planned in the state.
He informed that there are over 1.5 lakh
MSME units in Punjab and state is setting up Bureaus to facilitate regulatory
clearances, and fiscal incentives, besides setting up 10 new Technical Centres
in next two years to propel economic growth.
Rakesh Verma said that a
facilitation council of Punjab government is already helping MSMEs to sort out
the issues of delayed payments and more such branches are planned to be opened
in Punjab.
Regional Director of
Reserve Bank of India, Nirmal
Chand, informed that RBI has taken several initiatives under
National Mission for Capacity Building of banking sector to sensitise them to
meet the need of the industry in the country, simplify the documentation
process, and make disbursements time-bound, apart from offering 100 %
collateral –free finance to the startups.
On the other hand, RBI is
in touch with industry and helping them understand the significance of
documentation for quick approvals of loans from the banks.
SIDBI’s Regional Director, Anand Prakash
Srivastav, informed about their
advanced Skills Development Centre set up in Mohali with stimulator which is
guaranteeing 100 percent employment to youngsters, and has also signed up an
MoU with Mohali Industries Association, on whose recommendation, as per the
parameters of due diligence, collateral free loan would be available to the
industrial units.
SIDBI is also organizing
financial health checkup camps in the region where balance sheet and other
financial documents of industry are analysed to point out discrepancies, if
any, so that access to finance becomes trouble-free.
Later, Punjab’s Director
Industries & Commerce, D.P.S. Kharbanda, asked
the industry to form clusters and take advantage of team-work for which the
government would lend all support.
Ashok Sangwan, Director Industries
& Commerce, Haryana, informed that a Mini Cluster Scheme has been launched
where the state government provides almost 90 percent of the funding upto Rs.2
crores, and Haryana intends to setup 25 such mini clusters by 2018.
The state government is reaching
out to industry and resolving the issues of MSMEs right on the spot through
its ‘Samadhan Divas’ programme being implemented in 10
industrial districts of Haryana.
A K Malhotra, General Manager
(Technical), Industrial Development-cum-Facility Centre, UT Chandigarh informed
that for public procurements by UT Administration, preference is given to
MSMEs, and through single-window portal all clearances and approvals can be
obtained online.
Ashwani Kumar, Assistant Manager,
National Small Industries Corporation informed that technical and marketing
support is being provided to MSMEs free of cost.
Earlier, R.S. Sachdeva, Chairman of
Punjab Committee, PHD Chamber,
said that MSME sector requires hand-holding by all stakeholders especially the
government and the financial institutions to grow and stay competitive
especially in the global marketplace.
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