MSME Min to work out strategy for revival of sicvk units

The MSME Ministry will work out modalities to revive sick industry soon, Union Minister Kalraj Mishra said today.
The MSME minister held first of its kind regional conclave of MSMEs from states of Punjab, Haryana, Chandigarh, Delhi, Uttrakhand, Jammu and Kashmir and Himachal Pradesh.
"The idea behind such conclave is to have first hand account of whether policies and programmes of the centre percolates down the order in the state," he said.
Mishra said that his ministry will work out modalities to revive sick industry soon.
He said that his ministry had launched a one-page online format 'Udyog Aadhar Memorandum' by filling which any entrepreneur will get online registration with immediate effect.

"The portal was launched in September last year and so far 2.4 lakh entrepreneurs have got registered," he said.

MSMEs contribution in the manufacturing sector is around 48 per cent, he said adding that MSMEs contribute 44 per cent in export sector.
Besides, 11 crore youths got employment in the MSMEs, he said.
Describing MSMEs as "backbone of the country", he said that the focus of his ministry is to create cluster of industry in villages.
"This (disturbances) will keep taking place in the democracy, but we will keep working to instill confidence among people to invest in the industrial sector of country," he said.

Mishra, in the conclave, highlighted the role of existing and new Technology Centres/Tool Rooms for skill training and technical support to the MSMEs.
He said that an amount of about Rs 2000 crore will be incurred on creating new technology centres.
Two Tool Rooms are functioning in Ludhiana and Jalandhar while 15 new Technology Centres would be set up with the assistance of World Bank including four in Baddi (HP), Rohtak (Haryana), Sitarganj (Uttarakhand) and Ghatti (J and K), he said.
He said that the framework for the Revival and Rehabilitation of MSMEs had been notified by his ministry.
The importance of Public Procurement policy Order 2012 is being implemented by the ministry, he said.

He said that the Prime Minister's Employment Generation Programme (PMEGP) provides margin money subsidy for setting up of micro enterprises for employment generation.
He said that new schemes like SFRUTI and ASPIRE have been launched. "22 Livelihood Business Incubators and two Technology Business Incubators have been approved under the ASPIRE," he added.
The Minister also met several CPSUs of the region and discussed various issues on implementation of Public Procurement Policy Order 2012 for MSMEs.