Comments
The Government is likely to come out with a new draft policy for the micro, small and medium enterprises sector within the next three-four months.
Union Minister of MSME Kalraj Mishra said the new policy will look at revising the definition of a MSME in tune with the changing business environment, besides addressing other concerns of the sector, including access to finance.
The new definition will revisit the current levels of capital investment required to be made by various stakeholders and existing labour norms to qualify as an MSME, he told media persons on the sidelines of an interactive meeting with entrepreneurs here on Monday.
Besides the MSME Ministry, the Finance Ministry and the Reserve Bank of India were also being involved in drafting the new policy.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.