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Haryana MSE Facilitation council awarded with Skoch Order-Of-Merit Award

Updated: Sep 02, 2015 02:53:20pm
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Chandigarh, Sept 2 (KNN) Haryana Micro and Small Enterprises Facilitation Council (HMSEFC) constituted under MSMED Act 2006 has been awarded with Skoch Order-Of-Merit Award (as India's best projects-2014), MSME Ministry has said.

Writing on its social network pages, the Ministry said that the HMSEFC has been awarded on the basis of the efforts made by the council in facilitating the Micro and Small Industrial Units for recovery of their outstanding payments.

The State has about 1670 large and medium enterprises which have catalysed investments of Rs 49,000 crore and generated employment for 3.36 lakhs persons.

Besides, there are around 90,000 MSMEs with total investment exceeding Rs15, 000 crore and employing more than 8.90 lakh persons.

It is evident that the bulk of employment is generated by MSMEs. With the unemployment rate at 4.8 per cent, it is imperative to focus on the MSMEs for creation of employment opportunities and to revitalize economic growth, the Ministry wrote.

The state government has recently notified a new Enterprise Promotion Policy 2015. (KNN Bureau)

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