Question : IMPACT OF MNC ON SSI



(a) the number of units affected by the new import policy under globalization;

(b) whether the Government have any proposal to set up any Task Force to evaluate the situation and protect the interest of SSI sector; and

(c) if so, the details thereof?

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): The small scale sector as a whole has been exposed to greater competition due to globalisation.

(b) & (c): Government is constantly monitoring the impact of the removal of Quantitative Restrictions (QRs) on the economy including the SSI Sector and an Inter-Ministerial Group has been set up under the Chairmanship of Commerce Secretary to continuously assess the impact of removal of quantitative restrictions and to suggest suitable corrective measures.