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States » North

Punjab leading Ease of Logistics charts with 2nd rank in country: Vini Mahajan

Chandigarh, Sep 17 (UNI) Punjab Additional Chief Secretary, Industries and Commerce, Vini Mahajan on Tuesday said that the state is leading the Ease of Logistics charts with second rank in the country.
Addressing the CII 7th Regional SME Summit held at CII Northern Region Headquarters, here, Ms Mahajan mentioned that the contribution of MSMEs to Punjab's economy and employment is indeed tremendous and that the government offers its full support and proactive grievance redressal to ensure sustainability of the sector.
She shared that Punjab will be the first State in India to have MSME Facilitation Centers in every district as the policy makers are keen to gather feedback from the industry stakeholders and address their grievances.
Ms Mahajan urged the MSME manufacturers to make optimum utilization of the ‘Make in Punjab’ platform. The efforts of the state government in improving the industrial infrastructure and ensuring quality skill training and technical education was also highlighted during her speech.
On the occasion, Reserve Bank of India Regional Director Ms Rachna Dikshit said, “We are working towards capacity building of the Bankers, especially the rural banks so that the public money is used with caution”. She shared regulator’s point of view in context of MSME funding and opined that all the stakeholders should work in tandem to deal with credit and debt issues.
Mr R K Parmar, Assistant Director in Ministry of MSME gave detailed account about the ‘MSME Sambandh’ portal and how the same can be used to solve a number of problems for SME sector. He emphasized the need of access to easy finance for the growing entrepreneurs and mentioned that GoI has a plethora of schemes for helping them.
Mr Sanjay Khurana, Chairman of Regional Committee on SMEs, CII NR and Wholetime Director, Baddi Foils Pvt Ltd. also emphasized on the importance of the MSME sector in Indian economy and said “A need based support to MSMEs during the times of delinquency, failure and other challenges is very essential”.
“Bankers need transparency, commitment from the entrepreneurs, checks and balances and a viable restricting plan to render best of our services to the industry and the government,” State Bank of India General Manager Rajeev Arora said while sharing Banker’s purview in lieu of SME financing.
The event was attended by over 100 delegates covering various SME segments.
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