Punjab leading Ease of Logistics Charts with 2nd Rank in Country: Vini Mahajan

Chandigarh, Sep 17, 2019 (Yes Punjab News)

Punjab is leading the Ease of Logistics charts with second rank in the country”, said Ms Vini Mahajan, Additional Chief Secretary, Industries & Commerce, Government of Punjab while addressing the CII 7th Regional SME Summit held at CII Northern Region Headquarters, here today.

She mentioned that the contribution of MSMEs to Punjab’s economy & employment is indeed tremendous and that the government offers its full support and proactive grievance redressal to ensure sustainability of the sector.

Ms Mahajan also shared that Punjab will be the first State in India to have MSME Facilitation Centers in every district as the policy makers are keen to gather feedback from the industry stakeholders and address their grievances.

She also urged the MSME manufacturers to make optimum utilization of the ‘Make in Punjab’ platform. The efforts of the State government in improving the industrial infrastructure and ensuring quality skill training & technical education was also highlighted during her speech.

Ms Rachna Dikshit, Regional Director, Reserve Bank of India, Chandigarh also graced the occasion and said, “We are working towards capacity building of the Bankers, esp. the rural banks so that the public money is used with caution”. She shared regulator’s point of view in context of MSME funding and opined that all the stakeholders should work in tandem to deal with credit & debt issues.

Mr R K Parmar, Assistant Director, Ministry of MSME, DI, Ludhiana gave detailed account about the ‘MSME Sambandh’ portal and how the same can be used to solve a number of problems for SME sector. He emphasized the need of access to easy finance for the growing entrepreneurs and mentioned that GoI has a plethora of schemes for helping them.

Mr Sanjay Khurana, Chairman, Regional Committee on SMEs, CII NR & Wholetime Director, Baddi Foils Pvt Ltd. also emphasized on the importance of the MSME sector in Indian economy and said “A need based support to MSMEs during the times of delinquency, failure and other challenges is very essential”.

“Bankers need transparency, commitment from the entrepreneurs, checks & balances and a viable restricting plan to render best of our services to the industry & the government,” said Mr Rajeev Arora, General Manager, State bank of India while sharing Banker’s purview in lieu of SME financing.

Mr Jyoti Prakash Gadia, Co-Chairman, Regional Committee on SMEs, CII NR and MD, Resurgent India Pvt Ltd also shared his views regarding SME funding and risk assessment.

Mr Sushil Aggarwal, Co-Chairman, Regional Committee on SMEs, CII NR and Chairman Avon Moldplast Limited delivered the formal vote of thanks and emphasized the need of an enabling eco-system for the growth of MSME sector in our country and increased sensitivity towards their problems & obstacles.

The event was well attended by over 100 delegates covering various SME segments.  (Agency)