Mais conteúdo relacionado Mais de Confederation of Indian Industry (20) CII Recommendations for the Growth of SME Sector in India 1. © Confederation of Indian Industry
CII Recommendations for the Growth of
SME Sector in India
Mr T T Ashok
Co Chairman, CII National SME Council
2. © Confederation of Indian Industry
SME Sector: An Overview
• Contributes 9% of GDP
• 45% of manufacturing output
• 40% of total value of exports
• Over 100 million employment
• 95% of total industrial units
• A product range of 6000 products across the spectrum
• 32% in Manufacturing & 68% in Services Sector
• Recorded constant growth of over 10% (19% in 2011 – 12)
3. © Confederation of Indian Industry
VISION
“Enable SMEs to contribute 15% of the
Country’s GDP by 2020”
4. © Confederation of Indian Industry
SHORT TERM RECOMMENDATIONS
1. Revise the Definition of SMEs in keeping with current
business challenges and Opportunities
2. Step-up the monitoring of implementation of Public
Procurement Policy by Central Government Undertaking
3. Address the issue of Delayed Payments
4. Improve and ease institutional credit flow to SMEs
5. Business Mentoring Forum and Advisory services for SMEs
5. © Confederation of Indian Industry
1. Implement the Recommendations of the “Inter Ministerial
Committee Report on “Accelerating Growth of SMEs in
Manufacturing”
2. To Implement recommendations of the Inter Ministerial
Committee report on ”Boosting Exports from SME Sector”
3. Scaling up of the SME Cluster Development Programme
4. Return filings to be e-Enabled at all levels
MEDIUM TERM RECOMMENDATIONS
6. © Confederation of Indian Industry
LONG TERM RECOMMENDATIONS
1. Simplify and rationalize labour laws pertaining to SMEs
2. Accelerate infrastructure development to drive SME growth
3. Clear Exit Policy for SMEs on a long run