National MSME Board meets today
Updated: Mar 10, 2015 04:21:57pm
The Board is to be chaired by Kalraj Mishra, Minister of MSME to deliberate today on various issue including Make in India, reliable database for targeted policy formulation and skill development.
The MSMED Act 2006 provides for establishment of a National Board for Micro, Small & Medium Enterprises (NBMSME) and its functions etc.
The National Board for Micro, Small & Medium Enterprises (NBMSME) was established / notified for the first time on 15th May 2007 consisting of 47 members including Chairman, Vice Chairman and Member Secretary in accordance with the Sub Section 1 of Section 3 of MSMED Act, 2006 and National Board for Micro, Small & Medium Enterprises Rules, 2006.
The National Board is expected to examine the factors affecting the promotion and development of Micro, Small & Medium Enterprises, review the policies and make recommendations to improve the policies. (KNN/AB)