The Congress government in Rajasthan is bringing a new policy on micro, small and medium enterprises (MSME) for fast industrial development and creation of more employment opportunities. The MSME sector will be protected with new incentives and facilities and steps taken for its modernisation.
State Industries Commissioner Mahendra Kumar Parakh said here on Friday that the important aspects of single window system, industrial clusters, smart industrial areas and easy availability of finance were being considered for the formulation of new policy. Mr. Parakh met the representatives of industrial organisations to get suggestions for drafting of the policy.
The previous MSME policy of 2015, which remained in force till 2019, had focused on a combination of both fiscal and non-fiscal interventions and facilitated the budding entrepreneurs. It had streamlined procedures, rules and regulations for ease of doing business and initiated steps for attracting investments.
