PM assures task force for SME sector

PM assures task force for SME sector
PTI
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First Published: Mon, Aug 31 2009. 03 48 PM IST
Updated: Mon, Aug 31 2009. 03 48 PM IST
Thane: The Centre will soon set up an inter ministerial task force to address the issues being faced by small and micro industries in the country, general secretary, Chamber of Small Industries Association (Cosia), Purushottam Agwan said on Monday.
Agwan was part of the delegation of representatives of small and micro industries associations led by minister of state for micro, small and medium industries, Dinshaw Patel met Prime Minister Manmohan Singh and briefed him about the issues concerning the sector.
Singh assured the delegation to form a task force under the finance secretary to study the problems being faced by the small and micro Industries and recommend appropriate measures, he said.
The delegation has raised the issues to enhance the credit flow to the sector from 4.9% of gross credit to 6%, establish National Fund for unorganised tiny sector and SME Exchange to help the sector raise equity finance, he said.
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First Published: Mon, Aug 31 2009. 03 48 PM IST