Despite an improvement in Indias ranking in the ease of doing business rankings, industry reforms, poore-governanceand delayed payments continue to thwart the micro and small scale industries (MSME), particularly in Goa, the Goa Chamber of Commerce & Industry (GCCI) said.
Submitting a list of recommendations on the draft MSME policy, the GCCI has asked the Centre and Goa to focus on digitisation, import substitution, hassle-free funding and an end to licence raj.
The GCCI said that facilitation centres should be set up at the district-level with a focus on training programmes, skill development, quality enhancement and testing centres. Deterrents also need to be put in place to penalise large organisations that perennially delay payments to MSMEs.
The industry body said there is a need to develop MSME clusters that focus on similar products.