The State Government has formulated some policies recently which would have serious adverse impact on very existence of micro and small enterprises (MSEs) in the State, Joint Action Committee of industries associations OSSIA, OYEA, OASME, OIA and UPMA has alleged.
Committee functionaries recent change envisaged in draft OGFR and Finance Department Circular No27928 dated October 16, 2020 has proposed to procure goods and services through GeM (Government e-Marketplace) instead of time tested process of procurement through rate contract which will ring death bell for micro.