The Hindu : New legislation for SSIs planned

Online edition of India's National Newspaper
Friday, Jul 05, 2002

National

National

New legislation for SSIs planned

By Our Special Correspondent

NEW DELHI July 4. The Government proposes to bring out a comprehensive legislation for small-scale industries (SSIs) to address many of its concerns such as marketing and administrative bottlenecks.

Disclosing this here today, the Minister of State for Small-Scale Industries, Vasundhara Raje, said it would deal with the problem of delayed payments being faced by small units as well as mandatory purchase preference.

Addressing the 47th meeting of the National SSI Board, she said through this legislation, the Government was pushing the boundaries in an endeavour to enlarge the space for small-scale units. Changes were being looked at in all areas including credit, labour, delayed payments and mandatory purchase preference. The draft of the legislation has been prepared by the Hyderabad-based Administrative Staff College of India at the request of the Small-Scale Industries Ministry. She invited suggestions from all concerned stakeholders before the draft was finalised.

Ms. Raje also announced the launch of the third all India census of small-scale industries which would be conducted this year after a gap of more than a decade

Printer friendly page
Send this article to Friends by E-Mail

National