The Reserve Bank’s Expert Committee has sought suggestions from the public on the various aspects for economic and financial sustainability of Micro, Small & Medium Enterprises (MSMEs) sector. The Committee is undertaking a comprehensive review of the sector to identify causes and propose long term solutions for its development.
The Expert Committee wants suggestions for improving the credit rating mechanism for MSMEs, suggestions on definition of MSME for classification / identification of MSME in the context of present system of investment / turnover based criteria, suggestions on infrastructural gaps / problems affecting the development and growth of the MSME clusters and suggestions for addressing the structural gaps in capacity building of entrepreneurs.
The committee also wants to know if the District Industrial Centres (DICs) have met the intended objective and suggestions for improving the role of DICs. The RBI's expert committee sought suggestions till March 28, 2019.