Chandigarh, 19 December, 2012/PHD Chamber of Commerce and Industry and Institute of Small Enterprises and Development (ISED), Cochin organized the MSME Stakeholders’ meet at PHD House, here today to deliberate on the latest developments relating to micro, small and medium enterprises (MSMEs)in the country, with special thrust on the issues in Punjab.Dr. P M Mathew, Director, ISED, while discussing the key issues regarding the MSMEs, shared that as per ISED’s annual publication, India MSME Report 2012, MSMEs in Punjab face a serious ‘hexagonal crisis’.While divulging the details, Mathew said the hexagonal crisis pertains to the policy side, demonstration induced crisis, trade induced crisis, planning crisis, entrepreneurship crisis and cultural crisis. States, said Mathew, did not have their own plans. Any plan is to tap the central government plan funds through the five years. There is little or nil serious planning at the State level. Even if there are plans, they are more of populist plans, added Mathew.
Listing out, Mathew pointed out that scarcity of critical raw materials, credit crunch, migration of employment in the sense that machines have taken the place of man, not to talk of manufacturing sector, but the services sector as well, decline in the self employment owing to lack of entrepreneurial policy, besides deadlock of start-ups are a few of the many problems which any MSME is facing as of now.In the Indian context, owing to the sharp decline in the GDP to 5.4 percent, and the serious decline in most of the export dominant sectors, again the large chunk of which comes from MSMEs, Dalip Sharma, Regional Director, PHD Chamber said, “Problems of this backbone sector more or less identified, it is high time studies are taken up and concrete recommendations be made in form of solutions for these impending problems of MSMEs.”Aminul Islam Khan , Regional Director , Commonwealth Youth Programme - Asia Centre, Anurag Agarwal, Sr. Vice President , Mohali Industries Assosiation, Dr.S.P.S Bedi, Executive Director, Chandigarh Group of Colleges, Prof. D.D Sharma, Professor& Head , EDICD,NITTTR, .Sandhya Nagesh,Manager, Punjab Circle – NABARD, and Vibhor Swaroop, DGM, SIDBI also shared their views.The ISED program is part of the Institute’s annual national programme of stake holder consultations in 20 centers in 18 states, under its India MSME Communication Programme (IMCP). The events in the Series are being organized by the Institute, jointly with local industry Associations and Chambers, State Industries Departments, Union Ministry of MSME, and financial institutions.
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