The Coimbatore District Small Industries’ Association (Codissia) has demanded single window clearance for all approvals for micro, small, and medium-scale enterprises (MSMEs), including clearance for land conversion, within 30 days.
This was one of the resolutions passed by the association at its annual meeting held here recently.
The Codissia said the State and Central Governments should provide subsidies to MSMEs for expansion and modernisation. The units should also get marketing assistance to take part in the national and international trade fairs, both, as participants and visitors.
Prices of raw materials for MSMEs have escalated 35 % after implementation of GST. The Government should intervene and stabilise the raw material prices at pre-GST levels.
The National Small Industries Corporation should buy raw materials in bulk and distribute to MSMEs at competitive prices. The corporation is already a raw material supplier. It can enter into a tripartite agreement with MSMEs and banks to supply raw materials with bank loan under the credit guarantee fund scheme, the association suggested.
On the defence procurement policy, the association said a new consortium or special purpose vehicle floated by a group of existing MSMEs should be recognised as an Indian Offset Partner. A corpus should be created for MSME-IOPs and lending to these units should be on a par with priority sector. The SPV should be considered eligible for offset benefits that individual MSMEs enjoy.
R. Ramamurthy of Sri Rang Industries was elected president of the association of 2018-2020. The other office-bearers are: M.V. Ramesh Babu of Paramount Platers, V. Thirugnanam of Meridian Mediteck, and A. Kumar of Sri Balaji Enterprises (vice-presidents), P.S. Devaraj of Khay-Zen System (secretary), and R. Sasidaran of Nathan Industries (treasurer).
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