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BBIA demand ancillarisation policy for the survival of MSME sector
10/25/2016 10:05:03 PM
Early Times Report
Jammu, Oct 25: Bari Brahmana Industries Association today met to discuss the implementation of ancillarisation policy by the State Govt. for providing due share in the purchase of raw material & packaging material to the MSME sector by the Public Sector Undertakings and Large Scales Units working as well as under implementation in our State on the initiative of our Industries Minister Chander Parkash.
The meeting was held under the President Ship of Lalit Mahajan in presence of Rahul Bansal Sr. Vice President, Varun Singla Vice President, Ajay Langer General Secretary, Viraaj Malhotra Secretary/ Treasurer & other members of the Association
During the course of discussions, Mahajan stated that Ancillarisation process was started in our Country simultaneously with the Govt. setting up Enterprises almost in all the core sectors. The large industries and other Public Sector undertaking (PSUs) started sub-contracting the standard and low technology items to small-scale industries which developed a sound base of Ancillarisation, helped Proliferations and Development of MSME Sector.
The concept of Ancillarisation in Private Sector will prove a milestone in ushering in an era of sub-contracting amongst the Industries located in our State which will increase the avenues of the Employment.
At present there is a need of hour for the adoption of Ancillarisation Policy by the Industries Department to protect the Interest of the MSME Sector of Packaging and other related Industries engaged in the manufacturing of Industrial Products required by the PSUs & Large Scale Units of our State.
BBIA requested the Industries Minister Chander Parkash to issue necessary instructions to the concerned officials to issue guidelines to adopt the ancillarisation policy for the development of MSME Sector in the State.
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