Mumbai, Oct 7 (UNI) BSE in association with FICCI in its endeavour to enhance the MSME and startup environment, organised a brainstorming session to identify the gaps in the existing policies and make suggestions for robust policies, besides promoting Udyam Saathi and Udyam Sakhi initiatives to foster the MSME sector.

The MSMEs were invited to present their summary of ideas and suggestions as well as discuss their main issues of concern to the Ministry. Some of the concerns that were identified were simplifying the MSME definitions, availability of funds which will result in improved attitude of lenders and borrowers, pull up payment delays and increase market access for the MSMEs.

Additional Secretary and Development, Ministry of MSME, Government of India, Ram Mohan Mishra, , Deputy Secretary General of FICCI Nirankar Saxena and MD & CEO, BSE Ashishkumar Chauhan graced the occasion. Around 40 stakeholders- including 20 MSMEs participated in the event.

While addressing the delegation MD & CEO, BSE Ashishkumar Chauhan emphasized the need of having a vibrant ecosystem comprising of debt and equity which is required to address the concerns of MSME’s.

Ajay Kumar Thakur, Head SMEs and Startups, BSE briefed the delegates that BSE is a very important stakeholder in MSME and Star Up ecosystem. BSE has been the pioneer in creating the SME and Start up platform which has helped 310 SME’s in raising Rs 3300 crores. BSE will take all initiatives for the growth of SME’s and Start up ecosystem.

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