Take steps to boost MSMEs: Chief Secy

Tribune News Service

Chandigarh, July 21

The Punjab Government has taken another step to reduce the costs of mandatory compliances for Micro, Small & Medium Enterprises (MSMEs). This will be done by implementing recommendations submitted by the Global Alliance for Mass Entrepreneurship (GAME).

A decision to this effect was taken at a high-level meeting chaired by Chief Secretary Vini Mahajan here on Wednesday.

Reviewing the implementation, the Chief Secretary directed the departments of Labour, Local Government, Printing and Stationery, and Governance Reforms to expedite the implementation of the recommendations aimed at further cutting down the costs of mandatory compliances, deemed as red tape, to ensure ease of doing business and maintain a congenial environment to boost trade and industry in the landlocked state.

It was informed at the meeting that the Labour Department had already accepted 22 of 33 recommendations made by GAME.

The Chief Secretary asked the Labour Department to consider the recommendations on the standing order exemptions for the industry.

Mahajan also instructed the Printing and Stationery Department to implement the recommendation for improvising the online e-gazette portal with investor-friendly searchable feature, while instructing to dovetail the online public grievances redressal mechanism developed by the Governance Reforms Department with the Invest Punjab Business First Portal for early resolution of grievances of MSMEs.