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Survey to Examine the Concerns and Challenges that MSMEs of UP are Facing

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At one side, Govt. of U.P is making efforts to attract new investments in U.P., Indian Industries Association (IIA) in its Central Executive Committee Meeting decided to initiate a state wide survey to identify the Policy & Operation related issues/problems of existing 8 Lacs Micro, Small & Medium Industries  in U.P.

The industry body has regularly and proactively raising concerns that industrialists, entrepreneurs from the state are facing. As an advanced step towards raising such issues, the study will be conducted through a structured proforma at all 40 Chapters of IIA in U.P., wherein feedback will be obtained of various issues such as Working Capital, Sales & Marketing, Power, GST, Technology, Labour Laws, Banking, Pollution, Skilled Manpower, Competition & Margin of Profit as well as delayed in payment etc. Based on the feedback received IIA will re-structure its activities for the benefits of its Members in particular & MSME Sector in general. IIA will summit suitable representation to the Govt. of U.P.  based on this feedback.

While chairing the Central Executive Committee Meeting of IIA Mr. Sunil Vaish President IIA said that for attracting new investments in the State, it is important to provide relief to the existing industries from several pain points for which very little has been done by the present State Govt till date.

Mr. V.K. Agarwal, Former President IIA, will be the main think tank to design & guide the execution of this study.

SMEStreet Edit Desk

SMEStreet Edit Desk is a small group of excited and motivated journalists and editors who are committed to building MSME ecosystem through valuable information and knowledge spread.

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