84 thoughts on “Recommendations to ensure rapid growth of MSMEs”
Ramkumar moorthy
Sir..who is going to listen to your stories. Your proposal is incomplete as you have no structure for SME NPA. What is your recommendation whe bankers are lethargic towards SME and inturn cause NPA. The SALARIED bank officials go scot free for their lethargic behaviour. No SME wants to become NPA. It is all the lower level lethargic offiials behaviour. PM modi vision make in india will fail without addressing the SME NPA issue.
MSME is the biggest employment provider.
Their interest is the interest of the nation and our economy.
New government should promote them by every means.
Politicians always think of big corporates because of illicit profits
but no one thinks of devising effective policies for small players who are the key of stable economy.
I agree that availing quick finance is the biggest tailback faced by small industries.
Banks favor big corporates despite the fact that they result in heavy NPAs.
MSME of India should be able to compete with international standards,
for which we need to import and develop technology.
Then our exports will also increase.
Delay in payments to MSME units is what that demotivates this sector.
They have limited access to legal route because of fee involved. Ministry should frame rules.
We all know what is ailing the MSME sector in India. 50 % of the problems are connected with Finances. The financial institutions always go with the RULES,but they do not like to help OR solve the financial problems. The Statutory Taxes are to be paid every month. Govt. won’t wait- even if we have not paid salaries to the employees. Each one want their pound of flesh FIRST !. With these conditions it is very difficult for the MSMEs to survive.
With the new Govt at the center, we hope for a better future for the manufacturing sector.
S. John.
“MSME sector has virtually died in India. Problems are several and severe. Hopes of turn around can not do anything, untill the people involved are really coming forward to manufacture every next product an improved,cost effective and the best product. Plain labelling of Chines products in India, banking on tax evasion and anyhow siphoning away bank money will never be bringing health ans prosperity to this segment, which is so important to the country. I always say that the SME entrepreneur is an institution in itself, a person of conviction, innovation and genuine aspirations in every thing what he does has been lost in recent past in India. “
“All sorts of crooks, manipulators, persons devoid of entrepreneurship have overtaken the genuine entrepreneurs.Bankers,Government officials are hand-in-glove with these in-genuine SME entrepreneurs in ‘loot’ of scarce resources.NPA is a problem of the country.The fight of big and small will not be relevant for NPA’s, because monkeys are entrusted with resources as a policy,when wise are starving,state of things can not be expected to be different.You have given money for eating-out generously,why now to blame those,who had never been expected to do business.Therefore,SME’s need not be blamed,blame to those, who are masters of India’s scarce resources for all sorts of manipulation in past. “
“A suggestion was made to the Government of India by us in past to identify and demarcate,specified land area in all the States,having existing specific product manufacturing,processing,marketing concentration due to tradition,natural conditions,concentration of natural resources,habits etc. as ‘RURAL ECONOMIC ZONES’ may be in a District or more than a District with all facilities available or made available tactically including marketing support.Whereby,product specific areas will do wonders to ‘make in India’ initiative. “
“If MODI SARKAR’s ‘Make in India’ efforts have to be successful,certainly GOOD,Genuine SME entrepreneur have to be identified, groomed-up and supported whole heartedly. The things to happen is not difficult,simply positive intent of persons entrusted with resources and responsibilities have to be exercised in right direction. “
Marketing of produce is very important in todays world of global exposure.
Until you are known in the market no body cares about you.
Atleast MSMEs should be given some training on marketing.
Socio-economic benefits are best produced and delivered by small and medium units.
They should be encouraged to increase production and thus add to GDP of India.
Being an entrepreneur I know what it takes to run a small enterprise.
Ministries and officials entertain only big companies, even banks do the same.
We need credit, easy and quick.
Large companies and even PSUs do not clear receivables of MSME sector.
This results in bad debts and closure of many units.
Such actions need to be taken note of and punished.
Roads, power, and other crucial basic needs are the requisites for running any business.
If the government can provide this, I am sure our economy and MSME sector will boost.
As long as there are various road blocks MSMEs can not develop. We have to add “Design, Develop & Produce” to Made in India and Make in India. I am intimating about my involvement with various issues as follows:
1. Fundmentals of Economic Developments – India became a developing
country froma Developed country at the time of independence
2. Revamp of Education (including Science & Technology, R&D etc)
3. Investment & MSME
4. City & Inter City Electric Transport Systems
5. Power Import & Improvement
6. Security (internal & external)
It will be my pleasure to be of assistance for policy making on the
above subjects.
Just spent a few very enjoyable minutes looking at the site.
Excellent! Well done. Overall very good: clean, easy to navigate, informative and, importantly, interesting.
Can I just say what a relief to discover someone that actually understands what they are talking about over the internet.
You definitely understand how to bring a problem to light and make it important.
More and more people really need to read this and understand this side of the story.
I was surprised that you aren’t more popular since you most certainly possess the gift.
I really like what you’ve acquired here,
really like what you’re saying and the way in which you say it.
You make it enjoyable and you still care for to keep it smart.
I’ve been browsing online more than 4 hours today, yet I never found any interesting
article like yours. It’s pretty worth enough for me.
Personally, if all website owners and bloggers
made good content as you did, the web will be much more useful than ever before.
Thanks for the marvelous posting! I genuinely enjoyed reading it, you are a great author. I will always bookmark your blog and will come back very soon. I want to encourage that you continue your great work,have a nice day!
Great task on this publish! I enjoy the way you displayed your info as well as the way a person achieved it significant and also obvious to be aware of. Thanks a great deal.
I’ve learn several just right stuff here.
Certainly price bookmarking for revisiting.
I wonder how much effort you set to create such a fantastic informative web site.
It’s actually a nice and helpful piece of information.
I’m satisfied that you just shared this helpful info with us.
Please keep us informed like this.
This is a great tip especially to those new to the blogosphere.
Simple but very precise information…
Many thanks for sharing this one.
A must read post!
After looking into a handful of the blog articles on your website, I seriously like your technique of writing a blog.
I added it to my bookmark site list and will be checking back in the near future.
I’m amazed, Ӏ mսst say.
Rarely ԁo I cоmеacrߋss a blog that’s both equally educative ɑnd amusing, and աithoutɑ doubt, үou’ve hit tҺe nail on the head.
The problem іs something whіch not enough folks ɑге speaking intelligently ɑbout.
I’m νery happy that I stumbled across Һis Ԁuring my search foг somethning relating to tɦіs.
I just want to say I am just all new to blogging and site-building and absolutely enjoyed this web site. Likely I want to bookmark your site . You actually come with amazing writings. Bless you for sharing your web page.
Sir..who is going to listen to your stories. Your proposal is incomplete as you have no structure for SME NPA. What is your recommendation whe bankers are lethargic towards SME and inturn cause NPA. The SALARIED bank officials go scot free for their lethargic behaviour. No SME wants to become NPA. It is all the lower level lethargic offiials behaviour. PM modi vision make in india will fail without addressing the SME NPA issue.
The MP Government has taken pro-active steps to address almost all these problems. we can guide the aspiring entrepreneurs.
Excellent post. Thank you.
MSME is the biggest employment provider.
Their interest is the interest of the nation and our economy.
New government should promote them by every means.
Politicians always think of big corporates because of illicit profits
but no one thinks of devising effective policies for small players who are the key of stable economy.
I agree that availing quick finance is the biggest tailback faced by small industries.
Banks favor big corporates despite the fact that they result in heavy NPAs.
MSME of India should be able to compete with international standards,
for which we need to import and develop technology.
Then our exports will also increase.
Delay in payments to MSME units is what that demotivates this sector.
They have limited access to legal route because of fee involved. Ministry should frame rules.
We all know what is ailing the MSME sector in India. 50 % of the problems are connected with Finances. The financial institutions always go with the RULES,but they do not like to help OR solve the financial problems. The Statutory Taxes are to be paid every month. Govt. won’t wait- even if we have not paid salaries to the employees. Each one want their pound of flesh FIRST !. With these conditions it is very difficult for the MSMEs to survive.
With the new Govt at the center, we hope for a better future for the manufacturing sector.
S. John.
“MSME sector has virtually died in India. Problems are several and severe. Hopes of turn around can not do anything, untill the people involved are really coming forward to manufacture every next product an improved,cost effective and the best product. Plain labelling of Chines products in India, banking on tax evasion and anyhow siphoning away bank money will never be bringing health ans prosperity to this segment, which is so important to the country. I always say that the SME entrepreneur is an institution in itself, a person of conviction, innovation and genuine aspirations in every thing what he does has been lost in recent past in India. “
“All sorts of crooks, manipulators, persons devoid of entrepreneurship have overtaken the genuine entrepreneurs.Bankers,Government officials are hand-in-glove with these in-genuine SME entrepreneurs in ‘loot’ of scarce resources.NPA is a problem of the country.The fight of big and small will not be relevant for NPA’s, because monkeys are entrusted with resources as a policy,when wise are starving,state of things can not be expected to be different.You have given money for eating-out generously,why now to blame those,who had never been expected to do business.Therefore,SME’s need not be blamed,blame to those, who are masters of India’s scarce resources for all sorts of manipulation in past. “
“A suggestion was made to the Government of India by us in past to identify and demarcate,specified land area in all the States,having existing specific product manufacturing,processing,marketing concentration due to tradition,natural conditions,concentration of natural resources,habits etc. as ‘RURAL ECONOMIC ZONES’ may be in a District or more than a District with all facilities available or made available tactically including marketing support.Whereby,product specific areas will do wonders to ‘make in India’ initiative. “
“If MODI SARKAR’s ‘Make in India’ efforts have to be successful,certainly GOOD,Genuine SME entrepreneur have to be identified, groomed-up and supported whole heartedly. The things to happen is not difficult,simply positive intent of persons entrusted with resources and responsibilities have to be exercised in right direction. “
Marketing of produce is very important in todays world of global exposure.
Until you are known in the market no body cares about you.
Atleast MSMEs should be given some training on marketing.
Socio-economic benefits are best produced and delivered by small and medium units.
They should be encouraged to increase production and thus add to GDP of India.
Being an entrepreneur I know what it takes to run a small enterprise.
Ministries and officials entertain only big companies, even banks do the same.
We need credit, easy and quick.
Large companies and even PSUs do not clear receivables of MSME sector.
This results in bad debts and closure of many units.
Such actions need to be taken note of and punished.
Roads, power, and other crucial basic needs are the requisites for running any business.
If the government can provide this, I am sure our economy and MSME sector will boost.
This is a nice post covering very crucial points.
As long as there are various road blocks MSMEs can not develop. We have to add “Design, Develop & Produce” to Made in India and Make in India. I am intimating about my involvement with various issues as follows:
1. Fundmentals of Economic Developments – India became a developing
country froma Developed country at the time of independence
2. Revamp of Education (including Science & Technology, R&D etc)
3. Investment & MSME
4. City & Inter City Electric Transport Systems
5. Power Import & Improvement
6. Security (internal & external)
It will be my pleasure to be of assistance for policy making on the
above subjects.
With best regards,
H.K. Agarwal
Totally astound by the way you dealt with the issue. Thoroughly enjoyed
Heartiest congratulations on the brilliant result of your hardwork.
I’m very happy I found this in my hunt for something relating to this.
It is a nice piece of writing which is rare to find these days.
Thank you, I’ve just been looking for info about this subject for ages and yours is the best I’ve found out till now.
I totally appreciate your insights. Keep rising.
Just spent a few very enjoyable minutes looking at the site.
Excellent! Well done. Overall very good: clean, easy to navigate, informative and, importantly, interesting.
Can I just say what a relief to discover someone that actually understands what they are talking about over the internet.
You definitely understand how to bring a problem to light and make it important.
More and more people really need to read this and understand this side of the story.
I was surprised that you aren’t more popular since you most certainly possess the gift.
Such well drafted articles are not easily found on web. Cudos.
A very impressive article, something worthy of being proud of.
Thanks for sharing such a pleasant thought, post is nice, thats why i have read it entirely
I really like what you’ve acquired here,
really like what you’re saying and the way in which you say it.
You make it enjoyable and you still care for to keep it smart.
I applaud the publications of yours.
Your article is an impression of your high thinking and great perspective
Very nice article. I definitely appreciate this website.Stick with it!
This was an incredibly wonderful post.
Thanks for providing these details.
These are in fact enormous ideas in concerning blogging.
You have touched some nice things here. Any way keep up writing.
Pingback: Subhash Saxena
Hello, its my first time to commenting any post.
But I couldn’t stop myself from commenting on reading through such a sensible piece of writing.
Wanted to inform you that how impressed I have been , since I read your article.
Great going
Hi there!
This post could not be written any better!
Thank you for sharing!
Thanks for helping out, wonderful info .
Great blog you have got here..
An outstanding share!
Nice Post
Amazed to see on such clearly presented write-up with no scope of confusions at all.
You are to be commended for your excellent writing skills.
Hope to see more of your flawless skills soon.
I’ve been browsing online more than 4 hours today, yet I never found any interesting
article like yours. It’s pretty worth enough for me.
Personally, if all website owners and bloggers
made good content as you did, the web will be much more useful than ever before.
An article of great help and value.
I really love your website.. Excellent colors & theme.
Thanks for the marvelous posting! I genuinely enjoyed reading it, you are a great author. I will always bookmark your blog and will come back very soon. I want to encourage that you continue your great work,have a nice day!
Great task on this publish! I enjoy the way you displayed your info as well as the way a person achieved it significant and also obvious to be aware of. Thanks a great deal.
It was so awesome of you to take out time and express your thoughts on a topic so different.
Quality articles or reviews is the key to attract the users to go to see the web site, that’s what this web page is providing.
I was able to find good advice from your blog articles.
I really appreciate your efforts and I will be waiting for your further write ups thanks once again.
Excellent weblog right here!
Also your site loads up very fast!
I want my website loaded up as quickly as yours lol
I’ve learn several just right stuff here.
Certainly price bookmarking for revisiting.
I wonder how much effort you set to create such a fantastic informative web site.
It’s actually a nice and helpful piece of information.
I’m satisfied that you just shared this helpful info with us.
Please keep us informed like this.
Keep the good articles coming!
This is a great tip especially to those new to the blogosphere.
Simple but very precise information…
Many thanks for sharing this one.
A must read post!
Article looks great and really inspires me to come back to your website regularly.
I am genuinely glad to glance at this webpage posts which consists of tons of useful facts, thanks for providing such statistics.
Could not stop myself from appreciating your article.
An excellent one.
What a simplest and purest form of reflecting your views on such a difficult topic. Great going.
Greetings! Very useful advice in this particular post! It’s the little changes which will make the most important changes.Thanks for sharing!
Let me encourage your attention to details which puts you at the top amongst all the bloggers.
Very good post.
I absolutely love this site.
Stick with it!
This a wonderful blog submit! It is so nice when persons appreciate all that you do.
After looking into a handful of the blog articles on your website, I seriously like your technique of writing a blog.
I added it to my bookmark site list and will be checking back in the near future.
I’m amazed, Ӏ mսst say.
Rarely ԁo I cоmеacrߋss a blog that’s both equally educative ɑnd amusing, and աithoutɑ doubt, үou’ve hit tҺe nail on the head.
The problem іs something whіch not enough folks ɑге speaking intelligently ɑbout.
I’m νery happy that I stumbled across Һis Ԁuring my search foг somethning relating to tɦіs.
Your style is unique in comparison to other people I have read stuff from.
I do agree with all the ideas you’ve offered on your post. They’re very convincing and can definitely work. Thank you for the post.
I just want to say I am just all new to blogging and site-building and absolutely enjoyed this web site. Likely I want to bookmark your site . You actually come with amazing writings. Bless you for sharing your web page.
What a beautifully drafted article which has all the important points still its not boring!
I commend you for your excellent writing. A well researched one!
Your website is very useful. Many thanks for sharing!
Great article.
Keep writing such kind of information on your site.
Im really impressed by your blog.
Way cool! Some extremely valid points! I appreciate you writing this post plus the rest of the website is really good.
This is undoubtedly the most clean and clear form of writing that have seen so far.
Congrats to attain this level.
Kudos for putting up such an amazing work.
Really..
thanks for starting this up.
This web site is one thing that is required on the web, someone with a bit of originality!
you’re truly a just right webmaster. You are doing a great job. Also, The contents are masterpiece. you have done a great activity in this matter!
we prefer to honor a lot of other internet websites around the internet, even when they aren