Subscribe

0

  • Sign in with Email

By clicking the button, I accept the Terms of Use of the service and its Privacy Policy, as well as consent to the processing of personal data.

Don’t have an account? Signup

  • Bookmarks
  • My Profile
  • Log Out
  • NEWS
  • POLICIES
  • MSME OPPORTUNITIES
  • BANKING & FINANCE
  • TECHNOLOGY FOR SMES
  • SECTORS
  • GLOBAL
  • Investment
  • LEGAL
  • KNOWLEDGE QUEST
  • Future Ready Forum 2025
  • Ek Nayi Udaan
  • Future Ready Summit 2024
  • ADVERTISE WITH US
ad_close_btn
  • News
  • Policies
  • Banking & Finance
  • MSME Opportunities
  • Web Stories
  • InFocus
  • Technology For SMEs
  • Sectors
  • Global
  • Fashion

Powered by :

You have successfully subscribed the newsletter.
Finance Analysis

Govt. Keen to Extend Financial Support for Reviving Sick Units: Anup Pujari

author-image
SMEStreet Desk
02 Nov 2015 00:00 IST

Follow Us

New Update
Govt. Keen to Extend Financial Support for Reviving Sick Units: Anup Pujari

Government is willing to extend help and financial support to people who come up with an idea to revive industrial units that have turned sick, a top MSME Ministry official, Dr. Anup K Pujari, Secretary, Ministry of MSME, Govt of India said.

“If there is a specific idea in your mind and need some financial support to revive sick units, you may come up with a proposal,” said Dr Anup K. Pujari, secretary, MSME Ministry while inaugurating a conference on ‘Profit Re-Engineering,’ organised by The Associated Chambers of Commerce and Industry of India (ASSOCHAM).

“Among the companies who have turned sick, if their business proposition is good but it has not been executed correctly, they may very well revive,” said Dr Pujari.

He also said that the one-page Udyog Aadhaar Memorandum notified by the government which must be filled online by all micro, small and medium enterprises (MSMEs) is getting large response from people.

“There are some people who are criticising us because it is called Udyog Aadhaar, it is an erroneous impression that Aadhaar number is mandatory to get Udyog Aadhaar Memorandum filed,” said Dr Pujari.

“While an Aadhaar number is required because you are filing electronically and we need to validate that, it need not be the Aadhaar number of that entrepreneur or the enterprise because it is given only to an individual,” he added.

“Any incorporated company will have an authorised representative who files for them, we want that person’s Adhaar number, it is to ensure that whatever is being filed is not a ghost filing,” further said Dr Pujari.

“We also have a checking system on that by which we take the bank details and the IFSC code of that, I do think this will simplify ease of doing business,” he said.

Stressing on the need to promote entrepreneurship across India, Dr Pujari said “Today we need, not job seekers but job creators i.e. a person who is going for profit, a successful entrepreneur.”

He also said that industry should focus on carrying out proper research and innovation and produce products with better quality control thereby carrying out business with ethics and these things should be inculcated in budding entrepreneurs.

Related articles across the web

  • publive-imagePower Ministry to Introduce Framework to Encourage Wind Mills: Piyush Goyal
MSME Anup K Pujari Ease of Doing Business Sick Units Assocham
Subscribe to our Newsletter! Be the first to get exclusive offers and the latest news
logo

Related Articles
Read the Next Article
Latest Stories
Subscribe to our Newsletter! Be the first to get exclusive offers and the latest news

Latest Stories
Latest Stories
    Powered by


    Subscribe to our Newsletter!




    Powered by
    Select Language
    English

    Share this article

    If you liked this article share it with your friends.
    they will thank you later

    Facebook
    Twitter
    Whatsapp

    Copied!