New Delhi (NVI): In a bid to enhance the competitiveness of Micro, Small and Medium Enterprises (MSME) sector in the overall economy, the government is following enterprise ecosystem development approach, that will require investment in seven areas, a top government official said today.
These areas include facilitating human capital development, knowledge services, helping access to finance, technology, infrastructure, market access and governance, said Ram Mohan Mishra, Special Secretary and Development Commissioner, Ministry of MSME.
“So these seven things, where investments are possible in the economic ecosystem, we are trying to pool-in and then synergise, dovetail and roll it out in the cluster mode so that competitiveness of the MSMEs can be enhanced, so that medium and large-scale can handhold without losing anything,” said Mishra while addressing a gathering at the National Conference on Gig Economy.
While addressing industry heads and delegates at the conference, Mishra said “I take this opportunity to invite all of you to be partner in this. We are now listing clusters and preparing preliminary project reports (PPRs), so if you have any idea or any possibility anywhere, we would like to list it down and then move on together.”
He also said that this approach towards the development of MSME sector “will be very fantastic journey towards $5 trillion economy.”
Besides, Mishra said the government is restructuring the credit guarantee scheme to finance front-end credit guarantee.
“We are opening enterprise facilitation centres almost everywhere that will take up awareness of opportunities and troubles which may be possible in the whole of enterprise, incubation for technology and business, and for this we have started a network called Udyam Saathi and another network Udyam Sakhi to have little more emphasis on women part of it,” he said.
The official said government is encouraging people to register on these portals to provide handholding.
