Centre planning to integrate MSMEs with big enterprises
Team Udayavani, Jun 10, 2019, 4:12 PM IST
Gandhinagar: The Ministry of Micro, Small and Medium Enterprises is planning to set up enterprise facilitation centres across the country to make MSMEs more competitive and help them integrate with big enterprises, a senior official said Monday.
MSME ministry’s additional secretary Ram Mohan Mishra told reporters here that these centres, being planned to be set up at block levels, will help disseminate information to micro and small enterprises and detect issues faced by them.
The ministry is working on improving the capacity of enterprises that exist at the lower rung of supply chain, so that they can organically join the chain and supply their material by improving quality and becoming price competitive, he said.
“We are trying to integrate big and small enterprises to facilitate the value chain. Services are available in market but others don’t know. We are working on developing enterprise facilitation centres at block level for information dissemination and diagnosis of troubles. The main focus is clustering,” Mishra said.
“The government is more focused on facilitation, because markets move at their own pace. We facilitate in such a way so as to reduce the cost and upgrade quality, so that the products get accepted in the market,” he said.
The government’s effort was to make the entire eco- system symmetrical so that the overall cost goes down, quality improves, and help the MSMEs integrate to the supply chain, he said.
He said the ministry was trying to help small enterprises fine-tune seven aspects – human capacity development, knowledge services, access to finance, technology, infrastructure, market access, and ease of doing business.
This will help reduce risk factor for the enterprise, which will in-turn help them get funding from banks, he added.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Sensex, Nifty fall over 1 pc, snap two-day rally ahead of US Fed interest rate decision
SC orders liquidation of grounded air carrier Jet Airways’ assets
Home-cooked meals become dearer in October on costlier vegetables
Sensex, Nifty surge over 1 pc on heavy buying in IT stocks as Trump set to win US polls
Das says incoming data on GDP growth mixed but positives outweigh negatives
MUST WATCH
Latest Additions
Salman Khan gets another threat; message sent to Mumbai traffic police helpline
SC overrules 1967 verdict holding AMU can’t be minority institution
DK Child Protection Unit to conduct campaign to raise awareness of child trafficking
Kambala: Tradition and modernity in coastal Karnataka
BJP MP Tejasvi Surya, editors of Kannada news portals booked for allegedly spreading fake news
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.