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Patna,(BiharTimes): The president of Bihar Industries Association, K P S Kesri, said on Sunday that the BIA would submit a proposal to the Bihar government to give impetus to the growth of local micro, small and medium enterprises (MSMEs) in the state. BIA has planned measures for establishment of new industries, extension of existing ones, management of finance and creation of a pool of management executives and workmen to run the industries efficiently in the new year. |
He said local MSMEs would have to stand on their own feet by availing the facilities provided in the New Industrial Policy, which became effective from July 1, 2011, and some other policies of the state government, and quality manpower management.. They provide subsidy on purchase of machinery needed for extension of the existing industries
Kesri said that the state government, being a large purchaser, would have to bring out an effective purchase preference policy for the local MSMEs to provide them level playing field.
Kesri said the BIA is identifying 100 industrial units for their extension and capacity addition.
The BIA chief gave emphasis on manpower management for efficient running of industries. For this, the BIA would soon sign a memorandum of understanding (MoU) with a national-level human resource development agency for providing 3-6 months rigorous training in industrial management skill to youths for handling the small and middle-size industries.
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