National Awards for Micro, Small and Medium Enterprises
30 Aug '07
3 min read
The fact that SMEs are widely dispersed across the entire country also makes them highly important from a regional developmental perspective and as a means to promote balanced and equitable growth all over the country.
The SME sector has contributed to the growth of new industries as well as new industrial centres. There is no doubt that Governmental and institutional support provided to this sector through incentives, infrastructural facilities and other assistance has helped.
But what has really made a difference is the spirit of enterprise and creativity of our entrepreneurs in this sector. Nowhere is this spirit of enterprise, this willingness to take risk and an eagerness to strike out on one's own to seek a fortune more in evidence than in our small and medium enterprises sector.
It is this animal spirit which makes the SME sector the most dynamic in our economy and worthy of our support and encouragement.
Our Government has shown a consistent commitment to the growth and welfare of small and medium enterprises. A significant contribution of our Government is the enactment of the 'Micro, Small and Medium Enterprises Development Act'. It aims to improve the competitiveness of these enterprises and contribute to their healthy growth.
I hope the provisions of this Act will benefit all your firms in your business ventures. Our Government has also announced a comprehensive Package for the Promotion of Micro and Small Enterprises. This should also contribute to the realization of this objective.
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
