Thane, August 30: A high-level delegation of representatives of Small and Micro Industries associations called on the Prime Minister Manmohan Singh recently.
The delegation, led by Micro Small and Medium Industries, Dinsha Patel, apprised the Prime Minister of the problems being faced by the sector due to global meltdown.
The issues raised by the delegation included need to enhance the credit flow to the sector from 4.9 % of gross credit to 6 %, establishing national fund, setting up SME Exchange to help this sector raise equity finance, etc.
The Prime Minister assured the delegation to establish an inter-ministerial task force to study the issues discussed and makes recommendations.
—Agencies