Rahul announces three year exemption from govt regulations for new MSMEs

Congress president Rahul Gandhi on Wednesday said a key promise of his party’s manifesto, to be unveiled in the coming days, would relate to helping the MSME sector. He said a Congress government at the Centre would allow any person to start a business with nearly no government permission required for three years.

Earlier this month, the Congress government in Rajasthan notified an ordinance to facilitate the MSME (micro, small and medium enterprises) sector in starting new projects. It notified the facilitation of establishment and operation ordinance to enable businesspersons to set up factories by filling up a self-declaration form.