The process of liberalisation and market reforms has created
wide-ranging opportunities of the development of small scale
industries. At the same time, changing world scenario has
thrown up new challenges to the very existence of the sector.
The need of the hour is to suitably strengthen the sector
so that it could adapt itself to the changed environment and
face the challenges boldly and effectively. In order to focus
on the issues facing the sector, the Ministry of Small Scale
Industries & Agro and rural Industries was created on
the 14th October 1999 for overseeing the formulation
and implementation of the policies and programmes for the
development of the small scale industries through support
agencies and specialised services.
The Government of India have always accorded priority to
the Village and Small Industries (VSI) Sector in its Industrial
Policy Resolutions and in the strategy for the industrialisation
in the country. With the deregulation of the Indian economy,
a new package of policy measures for promoting and strengthening
the VSI sector was announced by the Government on 6th
August, 1991. These policy measures have given thrust to simplification
of regulations and procedures, and procedures, and helped
the SSI units improve their competitive strength.
The Ministry of Small Scale Industries
designs and implements the polices through its field organisations
for promotion and growth of small and tiny enterprises, including
the coir industries. The Ministry also coordinates with other
Ministers/Departments on behalf of the Micro, Small &
Medium Enterprises(MSME) sector.
The implementation of policies and various programmes/schemes
for providing infrastructure and support services to small
enterprises is undertaken through its attached office, namely
the Office of the Development Commissioner (MSME), statutory
bodies/other organisations like Khadi and Village Industries
Commission (KVIC) & Coir Board, a Public Sector Undertaking,
National Small Industries Corporation (NSIC) and three training
institutes- National Institute of Small Industry Extension
Training (NISIET), Hyderabad, National Institute for Entrepreneurship
(IIE),
Shri Mahavir Prasad is the Minister for Micro,Small & Medium Enterprises. View Profile
The site of the ministry can be visited at www.msme.nic.in
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