'The dakiyas will be our partners, receiving credit proposals from micro-enterprises at the grassroots level.'
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'The finance minister said, the MSME is the backbone of the economy. My question is, what have you done for the sector?'
Sources said the designers present in the meeting will submit their individual proposals shortly to the MSME ministry entailing suggestions to set up design centres.
E-commerce firms and sellers including Amazon and eBay have made recommendations to the government for a differentiated policy framework for e-commerce in the revised Foreign Trade Policy (FTP) which is expected to come into effect from April 1, 2021. This is because the existing policies on exports have catered largely to traditional, offline and business-to-business exports. Suggestions have been made to the government that through the FTP, it is important to create a conducive policy framework for e-commerce exports that lowers the entry barrier for small businesses to start exporting, according to the industry sources.
Credit to priority sectors as well as small and medium industries will be discussed to find ways to accelerate economic growth.
The government, in February, had released the draft national e-commerce policy proposing setting up a legal and technological framework for restrictions on cross-border data flow and also laid out conditions for businesses regarding collection or processing of sensitive data locally and storing it abroad.
This after high drama in the House over what opposition charged was "intimidation" by the treasury benches to get the motion for sending the amendment to the RTI Act to the select committee rejected.
It is mind-boggling to find our prime minister putting exports on the back-burner, says Jayanta Roy.
'I have tried to make it easier for the small scale entrepreneur to do business and cut through the red tape.'