National board for MSMEs meets tomorrow

By Staff
|
Google Oneindia News

New Delhi, June 19 (UNI) The first meeting of the National Board for Micro, Small and Medium Enterprises (MSMEs) will be held here tomorrow under the Chairmanship of Micro, Small and Medium Enterprises Minister Mahabir Prasad.

The Board has been constituted as per the provisions of the Micro, Small and Medium Enterprises Development Act, 2006 for facilitating the inter institutional linkages among the organisations of Central/State Governments for the growth and development of MSMEs.

The day-long deliberations are likely to address various concerns of MSMEs such as: -- Availability of timely and adequate credit.

-- Procurement policy-- Preference of the Government for procurement of goods produced and services rendered by MSMEs.

-- Reservation of products for exclusive manufacture by MSMEs.

-- Simplification and harmonisation of the applicability of the labour laws including maintenance of registers and filing of returnby MSMEs and inspections by Government authorities.

-- Delayed payments by buyers to MSMEs.

-- Skill training for weaker sections.

-- Skill development for SC/STs.

-- Cluster development for SC/STs.

The members will also familiarise themselves with the provisions of the MSMED Act, 2006.

UNI

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