The state government will soon unveil its MSME policy, the draft of which has already been prepared, state Industries and Commerce Minister Vipul Goel said at a meet here.
Goel said that talks are on with Amazon, Ebay and Alibaba, the leading companies in the global e-commerce sector, to expand the trade of industries related to micro, small and medium enterprises (MSMEs) in the state.
Describing MSMEs as the “back bone of the industrial sector”, he said that the state government has taken various steps for the promotion of MSMEs.
“Inspector Raj has been abolished and now no officer could randomly check any industry without prior permission of the concerned department,” he said.
Goel said that a sum of Rs 248 crore has been released for revamping various industrial areas and a survey is being conducted in the remaining zones to resolve their problems.
He said that the state government has laid special emphasis on ease of doing business in the state.
The state which ranked 14th in terms of ease of doing business earlier, has reached to number six and target has been fixed to attain number one position, he said.
Secretary, Ministry of MSME, Government of India, K K Jalan suggested the state government to set up non-banking finance companies for providing the facility of finance to MSMEs at lower rate of interest.
Apart from this, he also suggested to set up a separate entity in the government for promotion of small businesses.
Source: India.com