Question : RBI`S DIRECTIVES FOR SMALL SCALE INDUSTRY SECTOR



(a) whether the Union Government propose to boost the ailing Small Scale Sector by bringing about certain amendments in the regulations relating to the Reserve Bank of India`s directives for the SSI sector;

(b) if so, whether the Government also propose to bring a comprehensive bill during the current Budget Session in this regard;

(c) whether the performance of Small Scale Sector is still lagging behind; and

(d) if so, the extent to which these initiatives are likely to help in improving the Small Scale Sector ?

Answer given by the minister


THE MINISTER OF STATE (INDEPENDENT CHARGE) IN THE MINISTRY OF SMALL SCALE INDUSTRIES AND AGRO AND RURAL INDUSTRIES (SMT. VASUNDHARA RAJE)

(a): No, Sir. The Small Scale Sector has recorded higher growth rates as compared to the industrial sector as a whole during the last three years.

(b) to (d): Does not arise.