Haryana Chief Minister Manohar lal on Thursday announced that the State Government will soon set up a corpus fund of Rs100 crore to be kept with the banks as guarantee to facilitate the micro small and medium enterprises (MSMEs) in getting loans from banks conveniently.
The Chief Minister while speaking at FICCI National Executive Committee Meeting here said that in the upcoming new Industrial Policy, MSMEs have been singled out for special support.
He said that the availability of bank credit without the hassles of collateral and third party guarantees would be a major source of support to the first generation entrepreneurs to realise their dream of setting up their own Micro and Small Enterprise (MSE).
Besides, fund of Rs1,000 crore, available under Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) set up by the Centre, would be leveraged for benefit of MSMEs in the state.
He said that the State Government also intends to identify industrial zones across the State where industries including MSMEs would set up their units through simplified and delegated ClU process.
The MSMEs would also be provided specific support by way of District Facilitation Centres which would provide hand holding services to the industry. The Investment Promotion Centre at Delhi would also be strengthened for providing all necessary support to the industry, he added.
On this occasion, the Chief Minister invited all the stakeholders to come to Haryana, invest in the sector of their choice and be partners in growth. He lamented that the industrial sector in Haryana did not get the atmosphere it deserved.
Manohar lal said that State’s new industrial policy 2015 would be announced on May 15 to spur growth, give further boost to the manufacturing sector, laying special emphasis on ease-of-doing business.
He said that we endeavour to adopt a comprehensive approach to assist the MSME sector in becoming globally competitive and added that the policy would be aligned with the Make in India, Digital India and Skilling India campaigns of the Centre.
He said that Estate Management Procedures are being revised and liberalised, with special focus on facilitation and transparency. Apart from this, land use norms would be liberalised to promote walk-to-work culture and to incentivise developers for setting of industrial colonies, which would also generate employment avenues for youth.
In addition, norms would be put in place to make Industrial Worker Housing more affordable and ClU and licensing norms would be liberalised and made user-friendly to kick-start developmental activities throughout the State. Also, labour laws would be liberalised and streamlined to benefit industrial workers and management, he added.
The Chief Minister said that Haryana is a small state, accounting for just 1.3 per cent of the total area of the country, but we contribute nearly 3.4 per cent to the national economy. As a part of Skill India, Haryana has undertaken a skill gap analysis and thereafter, set a target of skilling 17 lakh youth upto 2017.
The State Government believes in minimum government and maximum governance. In line with our philosophy, we have launched ‘CM Web Portal’, ‘CM Grievance Redressal System’ and seven e-services in Haryana, he added.