MINISTER OF THE STATE IN THE MINSTRY OF MICRO, SMALL & MEDIUM ENTERPRISES
(SHRI MAHABIR PRASAD)
(a),(b) & (c): Government is conscious about the inherent challenges including, inter alia,
greater competition, posed on micro, small and medium enterprises (MSMEs) as a result of
globalisation and also opportunities bestowed on them in the form of increased access to modern
technology, availability of a variety of raw materials & components at a lower price as a result
of imports, wider market segments, impetus to quality, efficiency & opportunity to restructure
and diversify.
(d): The Government has put in place several measures to help MSMEs become globally competitive
which, inter alia, include assistance for technological upgradation, accessing markets, improved
infrastructure, better availability of credit, facilities for training and capacity building of
entrepreneurs, etc.