Dr. Kavita SrivastavaDepartment of Managementp g

ITS, Ghaziabad

1. To decentralize and relicense the sector,2. To deregulate the sector,3. To review all procedures and effect suitable modifications

wherever necessary,y,4. To promote small enterprise, especially industries in the tiny

sector,5. To involve traditional and reputed voluntary organizations in

fp y g

the intensive development of Khadi and Village Industrial Commission (KVIC) through area approach,

7. To maintain a sustained growth in productivity and attain competitiveness in the market economy especially in thecompetitiveness in the market economy, especially in the international markets,

8. To industrialize the backward areas of the country,9 To accelerate the process of development of modern small9. To accelerate the process of development of modern small

enterprises,

o Hike in investment limit for tiny sector, up from Rs 2 lakh to Rs 5 lakh.

o Support from National Equity Fund for projects upto Rs 10 lakho Support from National Equity Fund for projects upto Rs 10 lakh.o Relaxation of certain provision of labour laws.o Easier access to institutional finance.

Factoring services through SIDBI to overcome the problemo Factoring services through SIDBI to overcome the problem-delayed payments. Also, legislation to ensure payment of bills.

o Women enterprises redefined.o Marketing of mass consumption items by National Smallo Marketing of mass consumption items by National Small

Industries Corporation under common brand name.o Tiny sector to be accorded priority in government purchase

programme.p og a eo Priority to SSIs and tiny units in allocation of indigenous raw

materials.

o Promises to deregulate and debureacratise small and tiny sectors.PSUs and NSIC to help market products both domestically ando PSUs and NSIC to help market products both domestically and internationally.

o Compulsory quality control for products that pose rise to health and lifehealth and life.

o Legislation to ensure payment of small-scale industries bills.o A special monetary agency to be set up for the small-scale

sector’s credit needs.sector s credit needs.o A new scheme of integrated infrastructure development to be

implemented.o An export development centre to be set up.p p po KVIC and board to be expanded.o Investment limit of ancillary units raised to Rs 75 lakh.o Traditional village industries to be given greater thrust.o Traditional village industries to be given greater thrust.

1 Financial support1. Financial support.2. Infrastructure facilities.3 Marketing and exports3. Marketing and exports.4. Modernisation.5 P i f hi5. Promotion of entrepreneurship.6. Simplification of rules and procedures.7. Tapping resources.

1 Investment1. Investment.2. Broadening the concept of service sector.3 Locational3. Locational.4. Simplification of rules.

1. Extending services like supply of raw materials and so on.g pp y2. Market development support and expansion of training

facilities.3. Other village industries.g4. Improving quality.5. Ensuring better flow of credit from financial institution.6. Thrust on traditional village industries.g7. Setting up of functional industries estates.8. Upgrading training programmes.9. Coordinating with development programmes.9. Coordinating with development programmes.