Surat: State commissioner for micro, small and medium enterprises (MSME), Ranjeeth Kumar J, said the department has not received a single file from MSME entrepreneurs for upgradation of projects in the last one decade.

Speaking at an interactive session on MSME industry organized by Southern Gujarat Chamber of Commerce and Industry (SGCCI) here on Friday, Ranjeeth Kumar said, “Gujarat has highest number of MSMEs compared to Tamil Nadu. However, MSME department has not received a single proposal from existing MSMEs in Gujarat for upgradation of projects.”

The state government is prepared to resolve the issues faced by MSME sector, but the entrepreneurs lack proper knowledge on various MSME schemes to take maximum benefits, he said.

About existing schemes in MSME sector, Ranjeeth Kumar stated that MSME facilitation council protects the rights of MSMEs. MSME unit owners can directly file complaint in the facilitation centre for disputes regarding non-payment by buyers and get justice within 45 days.

Also, there is credit guarantee trust fund where budding entrepreneurs not having property for mortgage can avail bank loan facility from the state government. Under Baba Saheb Ambedkar Yojana, state government provides 55% subsidy on construction of industrial shed on minimum of two hectares of land.

MK Ladani, general manager of district industries centre (DIC), said, “DIC has forwarded a proposal to the state government to release Rs700 crore worth of fund under various MSME schemes for Surat district till March 2020. This would further give boost to MSME sector in the district.”

SGCCI president Ketan Desai said, “South Gujarat has emerged as MSME hub. There are many MSME units in engineering, chemical, textile, textile ancillary and diamond sectors.”

Published On : 25-01-2020

Source : Times of India