Govt schemes not reaching sector, MSMEs in Punjab suffering: UCPMA

Ludhiana, Mar 12 (KNN) Despite the government schemes in place, the schemes are not reaching the intended group, due to which the Micro, Small and Medium Enterprises of the state are suffering, United Cycle and Parts Manufacturers Association (UCPMA) informed.

Inderjit Singh Navyug, President, UPCMA said that there are several schemes announced for the MSMEs, still when it comes to actual realisation of the schemes on ground, the results are alarming.

Singh said that the implementation rate of the announced schemes is not up to the mark. Citing the case of training programs, he said while the government through its MSME-DI office is supposed to train the youth, his association has to run an ITI to give training.

He further said that lack of awareness is another main cause behind the low implementation rate of the government schemes.

Commenting along similar lines, Upkar SIngh Ahuja, President of Confederation of Industrial and Commercial Undertakings (CICU) said that a major roadblock with regard to the government schemes is the complication involved.

Also on the part of the implementing authority, they aren’t very energetic about making it reach the intended target group, due to which the schemes aren’t visible on ground, he added.

Urging support, the association said that government must revamp the implementing mechanism and help bridge the widening gap between trainees and industry for a productive MSME ecosystem in the state. (With Inputs from a media report) (KNN/DA)