Скачать или смотреть FISME Demands Sector Agnostic, Employment Based PLI Scheme For MSMEs

Video Courtesy: ANI

In the series of pre-budget consultations, Finance Minister Nirmala Sitharaman and her entire team met the representatives of MSMEs on Friday.

Federation of Indian Micro, Small & Medium Enterprises (FISME) presented a 10-point agenda before the Finance Minister asking for a review of regulatory and promotional policies in view of ‘geo-political turmoil’.

President FISME Sandeep Kishore Jain highlighted the need for Performance Linked Incentive (PLI) Scheme for MSMEs.

“A key metric like job creation, which is demonstrably stronger in MSMEs, seems absent from PLI considerations. FISME proposes MSME specific sector-agnostic PLI focusing employment”, President FISME emphasized.

He congratulated Finance Minister for having announced replacement of Insurance Surety in place of Bank Guarantees but pointed out scant progress at ground as only a few agencies accept them in place of BGs.