Page 59 - MSME BULLETIN 2022 NEW LAYOUT 19082022.indd

MSME & START-UP BULLETIN, VOLUME 1, ISSUE 1, AUGUST 2022

Comments/ Suggestions of The Institute of

Cost Accountants of India on Draft

National Policy for Micro, Small and

Medium Enterprises (MSME) in India

In pursuant to various measures taken to Enterprises invited stakeholders, Industry Associations,
promote competitiveness, technology upgradation, MSME units and general public to share suggestions
infrastructure, cluster development, dedicated credit, and comments on the Draft Policy. The purpose stated
procurement of products & fi nancial assistance to was to fi rm up adaptive and inclusive National Policy
MSME, the Government of India has come out with for Micro, Small and Medium Enterprises.
a Draft National Policy for Micro, Small and Medium
Enterprises in India. In view of above, The Institute of Cost Accountants
of India invited comments/ suggestions from all
Accordingly, the Draft National Policy for Micro, stakeholders and the comments/ suggestions were
Small and Medium Enterprises in India had been placed collated and the following consolidated suggestions/
on the Government of India’s website https://www. comments were submitted by the Institute to the
mygov.in for suggestions/ comments. Ministry of Micro, Small and Medium Enterprises on
The Ministry of Micro, Small and Medium 28 February, 2022.
th

Serial Clause No. Para and Suggestion/ Comments Justification, if any

No. Page No.
New objective added which
Design and develop frame- will assist MSMEs in deci-
7.
1. Objectives 9 work for Performance sion-making and at the same
time allow the government
Monitoring through Key
(viii)
Performance Indicators to monitor them in a more

efficient manner.
Develop a platform to create
an integrated database
under uniform format
8.1
National on- numbers, products, Design Intervention is
2. 11 investment, technologies, necessary for Technology
Government design intervention, R&D, Upgradation
(xv)
marketing etc. in MSMEs
and provide access to
stakeholders on need basis.
Document best practices on Documenting best practices
cluster development, mar-
8.1 National in costing & pricing will

3. Government 11 keting, financing costing, assist MSMEs to improve
pricing etc. and link them
(xvii) their cost management &
with awards for best practise profitability.

and follow up.
Develop a network of Re- Include Professional
8.1 National
4. Government 11 search institutions, Profes- Bodies like The Institute of
sional Bodies and Chairs in
(xviii)
the area of MSMEs. Cost Accountants of India

The Institute of Cost Accountants of India 59