Question : NEW POLICY FOR SSI



(a): whether the Government is formulating any concrete policy for protection of the small scale industries from being closed down due to Indian laws and regulations and increasing competition scenario;

(b): if so, the time by which the new policy is likely to be implemented; and

(c): the details of new policy?

Answer given by the minister

MINISTER OF SMALL SCALE INDUSTRIES & AGRO AND RURAL INDUSTRIES ( SHRI MAHABIR PRASAD )

(a)to(c): There exists a comprehensive policy package announced on 30th August, 2000, which inter-alia includes streamlining Inspections/Rules and Regulations, and measures to strengthen the small scale industries (SSIs) and enhance their competitiveness, both domestically and globally. These measures include easier access to credit, marketing support, improved infrastructure and support for technological upgradation. In addition, the Government is in the process of formulating a major promotional package for SSI Sector to free the Small Scale Industries (SSI) from the Inspector Raj and give full credit, technological and market and infrastructure support. The details of the proposed package are being worked.