Agro-based and art-based industries soon to be treated as MSME: Expert

New Delhi, May 25 (KNN) With a view to bring more units under the ambit of micro, small and medium industries (MSMEs) category to help them reap benefits of the schemes, Principal Director of MSME-Technology Development Centre in Agra R Pannerselvam said that agro-based and art-based industries would soon be brought under MSME category and Ministry of MSME would support them.

He made the remarks at the ‘Subcon 2018’ fair at CODISSIA Trade Fair Complex in Coimbatore, Tamil Nadu.

Pannerselvam informed the reporters that both handicrafts industry and performing arts such as dance and dramas would be treated as MSMEs and would be supported by the industry.

Further, he added that the grass root level enterprises such as agricultural and rural industries would be supported by the MSME ministry.

“New schemes would be introduced for this”, he added.

In this regard, Centre had submitted proposals for several upgraded schemes to the ministry and was expecting its approval by the end of this month, the official told the reporters.

Also, Technical incubation centers would be set up in all districts and a support fund of Rs 1 crore would be provided to industries that will come up with innovative ideas, he added.

In addition, “a national resource centre for MSMEs would be set up in Delhi, which would have its activities across the country till the village-level. Through this, industries could get several schemes form Chennai and would not have to travel to Delhi”, he said.