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Centre to support MSME Sector

09
Dec '08
The Prime Minister, Dr. Manmohan Singh has assured members of the All India Confederation of Micro, Small and Medium Industries Associations of supporting the sector so that it not only weathers the present global crisis but continues to flourish.

Dr. Manmohan Singh reiterated his government's commitment to inclusive growth and noted the micro, small and medium enterprises' contribution to employment by providing 42 million jobs and accounting for 45% of manufacturing and 40% of exports.
He said that the government would help in every possible way to ensure that this sector survives and flourishes in spite of the global slow down.

Addressing the members of the various Associations who called on him the Prime Minister specially focused on the requirements of women entrepreneurs.

He directed that the Committee of Officers setup under the Chairmanship of the Cabinet Secretary would consider the issues raised, in consultation with the Ministry of MSME and submit its recommendations within a fortnight.

Press Information Bureau


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