MSME entrepreneurs are facing
several problems i.e.
(i) lack of adequate capital,
(ii) Poor infrastructure
(iii) Access to modern technology
(iv) Access to markets
(v) Getting statutory clearances related to power, environment, labour etc. etc. etc.
(ii) Poor infrastructure
(iii) Access to modern technology
(iv) Access to markets
(v) Getting statutory clearances related to power, environment, labour etc. etc. etc.
To obviate
these problems, the Ministry of Micro, Small and Medium Enterprises (MSME) is
implementing a number of Schemes & Programmes like Credit Guarantee Scheme,
Credit Linked Capital Subsidy Scheme, Cluster Development Programme and
National Manufacturing Competitiveness Programme etc. Furthermore, the Ministry
has been interacting with various concerned Ministries/Departments/State
Governments/Banks and other stake-holders to streamline the mechanism for grant
of loans, simplify labour laws and other procedures to facilitate the growth of
MSME units.
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