Products from China cheap because of opaque subsidy, distorted price factors: Kalraj Mishra

New Delhi, Aug 10 (KNN) Responding to a question of the Chinese products giving tough time to the Indian Micro, Small and Medium Enterprises (MSMEs), Union Minister for MSME, Kalraj Mishra informed Rajya Sabha that the prime reason for high price of domestic products as compared to the Chinese products is due to the opaque subsidy schemes of the Chinese Government.

The Minister added that the products manufactured in China are cheap as a result of the distorted price factors that exist across the border.

Mishra added that availability of credit, upgradation of technology and infrastructure continues to be important concerns surrounding the survival and growth of the domestic MSMEs.

Highlighting his Ministry’s commitment towards the sector, he said that the MSME ministry is dedicated on handholding and promoting the domestic units through various schemes and programs including Prime Minister’s Employment Generation Programme (PMEGP), Credit Guarantee Scheme, Credit Linked Capital Subsidy Scheme (CLCSS), National Manufacturing Competitiveness Programme (NMCP).

Also there are programs such aimed at marketing assistance and technology upgradation (MATU), ZED Certification Scheme and Public Procurement Policy for Micro and Small Enterprises (MSMEs) to help protect the sector. (KNN/ DA)

COMMENTS

NewsDesk 22/05/2018 7:16 AM

Hello, Smt. Deepmala nandan, we just share your words to our social network (Facebook & Twitter, @knnindia). Thank you for writing to us.

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Deepmala nandan 22/05/2018 3:04 AM

To Shri . Narendra Modi Prime Minister of India Sir, I am smt Deepmala Nandan , wife of shri Vijay Nandan an , an entrepreneur of the district Seoni , Madhayapradesh . A project to manufacture the plates for battery - accumulators to fulfill the demands to solve the energy crises as well as to provide jobs to a few unemployed persons .This is the way to enliven the dreams of shri Narendra Modi , the Prime Minister of India . I wish him to cherish and enliven India through his lifetime . It can be recalled that shri Narendra Modi . P. M . , India addressed the Indian diaspora on 18th ultimo in London to give emphasis on various schemes of Govt . of India for the allround developments , including women ‘ s empowerment . He also assured a complete financial help through bank advances to ecconomically weaker entrepreneurs without security and hypothecated property . It can be recalled that shri Vijay Nandan is an expert of manufacturing battery and battery – plate . He visited St . Petersburg , Russia in 2016 for the promotion of his cited batteries on international market . You were frequently updated my problems in my modus – operandi and redtapesims through too many e – mails . I am sorry to inform you that no positive heed has been paid to my requests . Instead , frequently redtapesims are made through frivolous correspondence underlining prejudicial data . Battery – plates is paraphernalia of accumulator . Battery boxes are required to be manufactured to ensure the compatibility . The report of the inspection of my production unit is also frivolous . A technical know - how person should hed been included in the team of investigation . I would like to draw your kind attention to make the entrepreneurs to survive the schemes of Govt. of India . As such , your magnanimous good wishes , blessing and advices are solemnly requested to release the extended loan . My financial condition is becoming worse on account of outstanding payment . I have already pledged my securities as per your requirements to enable me to obtain the additional loan to go ahead with the project . The cited request for you kind perusal , please ! Thanking you . Seoni Smt.Deepmala Nandan. Date 22/05/2018

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