NEW DELHI, 19 JUNE: A government-panel looking at ways to boost manufacturing in micro, small and medium enterprises (MSMEs) sector is likely to propose easier entry and exit norms for smaller units.
The government had set up an inter-ministerial committee (IMC), headed by MSME secretary Mr Madhav Lal, to look into issues faced by small units and suggest ways to boost manufacturing in the sector.
“The panel has discussed lots of issues which are affecting the growth of small units and it is in the process of finalising the report which will be soon submitted to the Cabinet secretary Mr Ajit Kumar Seth for his consideration,” an official source said.
In the report, the committee is planning to simplify rules for entry of MSMEs. pti