Activities Round Up

Date : 06 Jan to 06 Jan 2016
Place : New Delhi
Organised by : FISME

FISME President attends Pre- Budget Discussions of Finance Minister with Industry Representatives

Dr. Sangam Kurade, President, FISME was  invited to attend  a meeting with Shri Arun Jaitley, Finance Minister, for pre budget discussions on  Industry related issue on 06th Jan 2016. In his presentation,  Dr. Kurade  raised the issues crucial for  growth of the MSME sector  at the meeting attended by senior Government officers and doyens of the industry.

Citing the logjam in the parliament on GST Bill, Dr. Kurade mentioned that Government can easily introduce inter state GST which will address an important tax issues for the industry. He also mentioned  on removal of capital gains to promote re investment in MSMEs and linking of investment  allowance with employment generated. To wards revitalizing the sluggish domestic market, Dr. Kurade requested for off set clause  for MSMEs in all Government Orders above a ceiling amount, like in defence, which will open up large markets in, say supply to DMIC, Bullet trains and other futuristic projects of the Government. He also strongly presented the position of FISME to make e commerce a marketing avenue for MSME products, by restricting share of cheap imports in e trade.