|Chennai||Rs. 25020.00 (0.81%)|
|Mumbai||Rs. 25890.00 (0.98%)|
|Delhi||Rs. 25200.00 (-0.2%)|
|Kolkata||Rs. 25480.00 (1.03%)|
|Kerala||Rs. 24800.00 (0.61%)|
|Bangalore||Rs. 25000.00 (0.81%)|
|Hyderabad||Rs. 25080.00 (1.09%)|
The Karnataka government will create a secretariat for small and medium enterprises (SMEs) in the state to facilitate speedy redressal of their grievances, minister for small-scale industries Raju Gowda said.
He said, the cabinet has taken a decision in this regard and the formal notification would be issued soon. The government has also raised the capital limit of SMEs from Rs 3 crore to Rs 15 crore and speedy clearance through the single window, he said while addressing the national vendor development seminar at MSME Development Institute here at the weekend.
He also emphasised on the cluster development approach for MSMEs for its development to evolve into a global leader.
Gowda also expressed his desire to provide a rebate on trade licensing, setting up of industrial estates in each district headquarters of Karnataka, like the one in Koppal. He also informed of the developments on the Greater Peenya Project and promised to distribute sites to the entrepreneurs soon.
Emphasing the need for taking up large infrastructure development projects in the state, the minister for large and medium industries Murugesh R Nirani said the government was working on developing high-speed rails connecting various district headquarters with the state capital.
He also spoke of the government’s initiatives in the port development in Mangalore and Karwar to facilitate industrialisation.
The vendor development programme was organised in association with the Department of Industries & Commerce, Government of Karnataka, District Industries Centre, Bangalore (Urban), The National Small Industries Corporation Ltd, Bangalore, Khadi & Village Industries Commission, Coir Board, Small Industries Development Bank of India, Karnataka Small Scale Industries, Bangalore.
Public and private sector undertakings such as BHEL, BEML, BEL, South Western Railway, HMT Ltd, HAL, Toyota Kirloskar Motors Pvt Ltd, Honda Motorcycle & Scooter India Pvt Ltd, Pushpak Products India Pvt Ltd, 3M India Limited, Berger Paints India Limited, DGS&D, KSSIDC, KIADB, Federation of Karnataka Chambers of Commerce & Industries, Peenya Industries Association, Laghu Udyog Bharati, Karnataka, Consortium of Electronics Industries of Karnataka and Association of Women Entrepreneurs of Karnataka participated in the two-day programme.