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President's Message

K. M. Subramanian

 

RBI Stakeholder Meeting – request for Separate Policy Framework for MSME Export Sector

Shri. Sanjay Malhotra, Governor of The Reserve Bank of India convened a stakeholder engagement meeting with MSMEs and their associations to understand key issues affecting the sector.

Representing the Apparel Export Promotion Council (AEPC), and our Association Padmashri Dr. A. Sakthivel Anna participated in the deliberations and strongly emphasised the need for a separate policy framework for the MSME export sector to unlock its full growth potential. He highlighted that the coming decade would be highly significant for India’s apparel and textile sector, supported by expanding global trade partnerships and multiple trade agreements with major markets. In this context, he stressed that MSME exporters require focused policy support, streamlined regulatory systems, and improved credit access to fully leverage emerging global opportunities.

  • Improved and affordable access to export credit
  • Rationalisation of risk weight norms for standard MSME accounts
  • Faster and time-bound closure of EDPMS/IDPMS cases
  • Seamless digital integration between banking and Customs systems
  • Simplified compliance mechanisms to reduce operational burden

He emphasised that such a focused policy framework will significantly enhance competitiveness, improve ease of doing business, and accelerate export growth while strengthening employment generation.

MSME exporters play a vital role in India’s export growth and employment generation. Our Honorary Chairman Padmashri Dr. A. Sakthivel Anna expressed confidence that a dedicated policy framework and systemic reforms will significantly strengthen the sector and support India’s long-term export expansion.