Separate Ministry demanded for promotion of MSME

Karachi, July 14, 2020 (PPI-OT): The Union of Small and Medium Enterprises (UNISAME) has urged the Prime Minister (PM) to set up a separate ministry for the promotion and development of the micro to medium sized enterprises sector (MSME) which can cover every aspect of the majority sector comprehensively from grass root level and focus on the requirements of the entire supply chain from the farms to exports with value addition at every level as is done in advanced countries of the world.

UNISAME experts have urged PM to take serious uplift measures for MSME majority sector which is under privileged, without loss of time. President UNISAME Zulfikar Thaver said the MSME sector needs undivided attention and management by experts. MSME uplift, up gradation and development is not everybody’s cup of tea. It is the job of experts as it involves poverty alleviation, employment, training, skill development, marketing and technical support.

Secondly, the union also recommended making of the Small and Medium Enterprises Development Authority into a financial institution as well by merging the SME Bank with it and changing its scope of being merely a consultative body to that of a full-fledged SME promotion and development institution.

Thirdly, UNISAME advocated the making of SME chambers of commerce in every city and linking it with SME federation of commerce and industry. Thaver said these are very essential high impact steps for uplift of the under privileged sector and for making it join the mainstream for progress and growth rather than stagnating under institutions not fully equipped with men, money and material as per rules of management, administration and governance.

For more information, contact:
Union of Small and Medium Enterprises (UNISAME)
75/1 3rd Commercial Street, Phase IV, D.H.A.,
Karachi, Pakistan
Tel: +92-21-35884225-6
Fax: +92-21-35380642
Cell: +92-300-8245307, +92-321-8245307
Email: unisame@gmail.com
Website: http://www.unisame.org/