KNN revisits BJP manifesto; Modi must focus on promises to SMEs
Updated: May 16, 2014 02:53:03pm
New Delhi, May 17 (KNN) With Narendra Modi set to lead BJP led NDA government at the centre, KNN revisits the BJP manifesto that made promises to accord key status to the SMEs for economic development by giving them a healthy and harassment-free business environment. Excerpts from the manifesto:
· Role of SME crucial for economic development.
· The sector needs to be developed by providing international linkages for exports, availability of credit through a dedicated SME bank, supply chain efficiencies, adoption of IT, support in R&D and innovation.
· Policy support for enhancing the mandate to purchase from SME for large scale projects.
· Overall goal is to enhance the competitiveness of the SME sector
· Over-regulation needs to be addressed to stop the harassment of the businessmen and traders.
· Bottlenecks in transporting and exporting have to be removed
· the flow of information about our tradable items has to be made available to the rest of the world
· Focus on Zero defect products.
· Build world class Ports; connecting them with roads and rail to the hinterland so as to drive the maritime trade of the country.
· Air Cargo facilities will be enhanced throughout the country.
· An Export Promotion Mission will be established integrating all stakeholders.
· Aggressive focus on exports and reducing the dependency on imports.
· To work with the State governments to usher in the GST
· Embarking on the path of IPRs and Patents in a big way.
· Taking steps to protect the interest of retailers, small traders and small vendors by equipping them with the latest techniques.
· Commit to ensure that the retailers and SMEs don't have to spend time and money for seeking multiple licenses to start the business. There will a system in place to avoid harassment of small traders.
· Ensure easy availability of institutional credit.
· Review obsolete and multiple laws to reduce and simplify them.
· Remove ambiguity in rules to make way for prompt decisions without any scope for discretion
· The party has committed to promote tourism by creating 50 tourist circuits to ensure affordable tourism. The focus will be on Archaeological and Heritage, b.) Cultural and Spiritual, c.) Himalayan, d.) Desert, e.) Coastal, f.) Medical (Ayurveda and Modern Medicine), etc.
· Specialized course in tourism will be started for capacity development.
· Safety and security of tourists would be accorded due priority.
· Importantly, the party has agreed in its manifesto to review outdated, complicated and contradictory labour laws.
Focus on Physical Infrastructure
· Work on the freight corridors and attendant industrial corridors will be expedited.
· Remote states like those in the Northeast and Jammu and Kashmir will be connected with the rest of India
· Modernization of existing and operational Airports, and build new ones especially connecting smaller towns and all tourism circuits.
· Modernizing existing ports and developing new ones
· Public Private Partnership would be encouraged to tap into private sector resources as well as expertise. An institutional framework would be established for the same; while regulators would be given greater autonomy as well as accountability. (KNN Bureau)
· Role of SME crucial for economic development.
· The sector needs to be developed by providing international linkages for exports, availability of credit through a dedicated SME bank, supply chain efficiencies, adoption of IT, support in R&D and innovation.
· Policy support for enhancing the mandate to purchase from SME for large scale projects.
· Overall goal is to enhance the competitiveness of the SME sector
· Over-regulation needs to be addressed to stop the harassment of the businessmen and traders.
· Bottlenecks in transporting and exporting have to be removed
· the flow of information about our tradable items has to be made available to the rest of the world
· Focus on Zero defect products.
· Build world class Ports; connecting them with roads and rail to the hinterland so as to drive the maritime trade of the country.
· Air Cargo facilities will be enhanced throughout the country.
· An Export Promotion Mission will be established integrating all stakeholders.
· Aggressive focus on exports and reducing the dependency on imports.
· To work with the State governments to usher in the GST
· Embarking on the path of IPRs and Patents in a big way.
· Taking steps to protect the interest of retailers, small traders and small vendors by equipping them with the latest techniques.
· Commit to ensure that the retailers and SMEs don't have to spend time and money for seeking multiple licenses to start the business. There will a system in place to avoid harassment of small traders.
· Ensure easy availability of institutional credit.
· Review obsolete and multiple laws to reduce and simplify them.
· Remove ambiguity in rules to make way for prompt decisions without any scope for discretion
· The party has committed to promote tourism by creating 50 tourist circuits to ensure affordable tourism. The focus will be on Archaeological and Heritage, b.) Cultural and Spiritual, c.) Himalayan, d.) Desert, e.) Coastal, f.) Medical (Ayurveda and Modern Medicine), etc.
· Specialized course in tourism will be started for capacity development.
· Safety and security of tourists would be accorded due priority.
· Importantly, the party has agreed in its manifesto to review outdated, complicated and contradictory labour laws.
Focus on Physical Infrastructure
· Work on the freight corridors and attendant industrial corridors will be expedited.
· Remote states like those in the Northeast and Jammu and Kashmir will be connected with the rest of India
· Modernization of existing and operational Airports, and build new ones especially connecting smaller towns and all tourism circuits.
· Modernizing existing ports and developing new ones
· Public Private Partnership would be encouraged to tap into private sector resources as well as expertise. An institutional framework would be established for the same; while regulators would be given greater autonomy as well as accountability. (KNN Bureau)
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