ENA MSME 2023-03-16 14:56:04 <p><span style="font-size:14px"><strong>New Delhi, Mar 16 (KNN)</strong> The newly constituted Central Executive Committee (CEC) of Federation of Indian Micro and Small &amp; Medium Enterprises (FISME) on Wednesday re-elected incumbent President Prashant Patel for 2023-24.</span></p> <p><span style="font-size:14px">During a meeting held in New Delhi in hybrid mode, the CEC members of the MSME body unanimously agreed on his name.</span></p> <p><span style="font-size:14px"><strong><a href="https://bit.ly/3B9mZSj"><img alt="FOLLOW US on GOOGLE NEWS" src="https://knnindia.co.in//uploads/gallery/GoogleNews.jpg" style="border-style:solid; border-width:1px; height:95px; margin:1px; width:299px" /></a></strong></span></p> <p><span style="font-size:14px">The tenure of FISME President is one year but by convention, incumbent President could be re-elected once.</span></p> <p><span style="font-size:14px">Besides the three thematic focus areas of FISME under his leadership namely Banking &amp; Finance; Industrial space and Public Procurement, he indicated addressing legal and regulatory hurdles in MSME growth in his second innings.</span></p> <p><span style="font-size:14px">The vision of most of the Acts is noble but the implementation process of regulation is in pathetic shape. Whether it is Arbitration after commercial disputes or delayed payment or regulatory compliances, the problem is in the process of delivering justice which has become lengthy, time consuming and expensive having substantive cost implications, he noted.</span></p> <p><span style="font-size:14px">Patel is a Gujarat based entrepreneurs who is Director of RK Synthesis Ltd Ahmedabad and Prashant Industries, Surat.</span></p> <p><span style="font-size:14px">A chemical engineer by profession, he has been very active in Industrial associations in Gujarat.</span></p> <p><span style="font-size:14px">He has been an office-bearer of Gujarat Chamber of Commerce &amp; Industries, Gujarat Dyestuffs Manufacturers' Association, Narora Industries Association, Vatva Industries Association and Saykha Industries Association (Bharuch). <em><strong>(KNN Bureau)</strong></em></span></p> 32652 https://knnindia.co.in/news/newsdetails/msme/prashant-patel-re-elected-president-fisme-for-2023-24-vows-to-improve-legal-processes 2023-03-16 14:56:04 knnindia.co.in