Activities Round Up

Date : 27 Apr to 27 Apr 2017
Place : New Delhi
Organised by : FISME

FISME President participates in the 15th meeting of the National Board for MSMEs

15th Meeting of the national MSME Board, the apex policy making forum for the MSME sector, was held on 27th April, 2017 at Vigyan Bhawan, New Delhi.

Mr.  Dinesh Chandra Tripathi, President FISME was invited to attend the meeting, which was Chaired by  Mr. Kalraj Mishra, Minister for MSME.

Deputy Ministers of the  Ministry of MSME, Secretaries  of Ministries concerned and senior officers from RBI, SIDBI and Chambers and  Associations representing the sector participated in the meeting.

During the meeting, two mobile apps  - ‘MyMSME’ and ‘MSE Facilitation Council’s portal were  launched  by senior Union Minister Mr. Venkaiah Naidu..
Some of the issues high on the agenda were: implementation of Framework for Revival and Rehabilitation of MSMEs; Setting up of Finance Facilitation Centres and online portal for MSE facilitation centres.

The Board have other agendas also like redefining the MSME sector, ensuring share for MSMEs in Government procurement, revising the MSMED Act, 2006 etc.
Expressing his strong reservation on the Meeting agenda, Dinesh Singhal, a noted MSME leader of UP and Chairman of FISME’s Committee on Labour and Employment, mentioned, “MSMEs are the largest employer after agriculture and only hope for the 1 crore youth joining the job market every year. How the Board can overlook the labour law related challenges the MSMEs facing?” Singhal expressed.

Commenting on the deliberations held at the meeting, FISME President Dinesh  Chandra Tripathi opined that crucial issues like defining MSMEs on the basis of turnover and number of workers and liberalising the labour laws, were not taken up at the meeting.
He also stressed that addressing these issues  are  of utmost importance for the development of MSMEs today and FISME will take them up in appropriate forum.
While the agenda proposes to take up a large number of issues important for the growth of the sector, GST was  conspicuously absent in the agenda.

Anil Bhardwaj, Secretary General, FISME, commented, “While on the one hand Government need to handhold the informal sector to join the GST regime, on the other hand the search, seizure and prosecution, provisions of the GST Government should keep  on hold for the informal sector, at least, till 1st of April, 2018.”