Nahan: District chapter of Laghu Udyog Bharati (LUB) and NSIC (GOI enterprises) organized awareness cum seminar for small scale entrepreneurs on NSIC schemes performance and credit rating schemes jointly in which the representative of CRISIL-SME ratings also took part. Expressing the views LUB president Tajinder Goyal said that although the union government was terming the small scale industries as the backbone of the industrialization but practically the small scale entrepreneur is being discarded at every stage. He said that government was also providing several schemes for small units but nothing was reaching to actual beneficiary. He said that small scale entrepreneur did not need any subsidy but government should think to reduce the rate of interest for them if the government actually want to develop the small scale entrepreneur in the country.
Mr. A.K. Verma of national small Industries Corporation limited said that a cluster of industrialist could avail the several schemes of the NSIC even common facility centre could also be constructed at the cost of 9 crore in which major part of finance would be given by the union government. He also advised the entrepreneurs to get the assistance of the NSIC for their product designing. Mr. Sandeep Sharma, marketing associate of the CRISIL ratings said that the Indian small and medium enterprise (SME) sector is the growth engine of the economy and also said that any enterprise registered in India as an SSI unit could be benefited from CRISIL rating. Ms Manisha said that the rating was the demand of the day and added that NSIC and CRISIL was together ready to provide assistance to small scale entrepreneur of the country.