June 1, 2016 7:45 PM

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Govt to come out with MSME policy this year

Government has said the national policy for the micro, small and medium enterprises (MSMEs), which seeks to boost the overall growth of the sector is expected to be released by the end of this year. <br/><br/>Addressing a press Conference in New Delhi on the completion of two years of NDA government, MSME Minister Kalraj Mishra said a committee headed by former Cabinet Secretary Prabhat Kumar is drafting the policy and will submit its recommendations by 31st of October this year.<br/><br/>The Minister also said, a committee will be set up by the end of this month to look after the revival and rehabilitation of sick MSME units. He said, the Ministry will soon to come up with a Scheme of Revival and Rehabilitation of MSME, which will benefit the MSMEs from 1st of next month.

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