RAJYA SABHA
While globalization
and the removal of quantitative restrictions have exposed the
Indian Small Scale Industries(SSI) to greater competition, the
Government has put in place several measures to help the industries
become globally competitive. These include special focus on adoption
of quality standards, technology upgradation, use of electronic
infrastructure and other IT applications to face the emerging
challenges of trade liberalization. A comprehensive policy package
has been announced on 30th August, 2000 to strengthen
the SSI sector. The package includes easier access to credit,
availability of collateral free composite loans upto Rs. 25.00
lakhs, capital subsidy for technological upgradation and improved
infrastructure.
In addition, Government
have formulated national programmes for the development of the
Indian Toy Industry, Lock Industry, Machine Tool Industry and
Stone Industry in association with United Nations Industrial Development
Organization (UNIDO), Small Industries Development bank of India
(SIDBI), National Small Industries Corporation (NSIC), State Governments
and concerned industry associations to enhance competitiveness
of the SSIs in these sectors.
This was stated by
the Minister of State in the Ministry of Small Scale Industries,
Smt. Vasundhra Raje in written reply to a question in Rajya Sabha
today.
