It will also analyse the reasons behind the closure of the units. For instance, is it because of lack demand of products manufactured by a particular MSME unit, power shortage, lack of working capital, labour issues, technological issues, etc. This sample survey will constitute about 10 percent of the total 1.78 lakh MSME units in the state.
Going by the above, let's hope the survey findings are accurate in most cases; the Government is rightly laying focus on MSMEs during the above summit because MSMEs can generate lots of job opportunities. The Government should also focus on ensuring that MOUs signed does not remain on paper but actually gets transformed into action.
In the past, some state governments have been successful in conducting many such national/international investors meets and many MOUs got signed in the process but when it comes to implementing these projects in totality during any fiscal year, only a percentage of these MOUs signed got into act and the others could not proceed either to the middle or final stages. Therefore, this time and in future, Governments should be careful to ensure that MOUs signed do proceed in the proper direction within the set time frame for boosting up the economy.
The most popular citizen journalists' reports on merinews chosen automatically on the basis of views and comments
View more jobs