BJP, Cong failed to revive small units in state, say industrialists | punjab | Hindustan Times
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BJP, Cong failed to revive small units in state, say industrialists

punjab Updated: Apr 07, 2014 23:06 IST
Arjun Sharma
Arjun Sharma
Hindustan Times
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Even as Bharatiya Janata Party claimed to include several points related to “rejuvenation” of industries in its manifesto announced on Monday, trade organisations here believe that party’s manifesto is almost a copy of Congress’s manifesto released recently.

Punjab is home to Micro Small and Medium Enterprises (MSME) that has been included in BJP’s manifesto.

Industrialists say that both BJP as well as Congress have failed to implement the promises they made in their manifestos during earlier elections.

NDA led by BJP came to power in 1998 and had included several points related to the welfare of industries in their then manifesto. But, the MSME was not able to get any benefits during NDA’s regime. Even UPA 1 and UPA 2 lead by Congress was not able to bring smiles on the faces of business houses in the state.

Federation of Associations of Small Industries of India (FASII) national president Badish Jindal, who is also the vice-chairman of National Productivity Council, said, “Several points that have come out in the manifesto of BJP are already present in the Congress manifesto. Both the parties have failed to implement their manifestos in regard to MSME in the state during their respective regimes.”

He said the policies that have been formed by the government regarding MSME are faulty. “While Micro industries constitute 80% of the total MSMEs, and medium only 5%, the 50% of the bank credits are routed to the latter,” said Jindal.

Congress brought the point of single window for industries in its manifesto and the same has been done by the opposition.

The point of skill development is also the same in both manifestos.

BJP in its 1998 manifesto stated that the Industrial Development and Regulation Act would be replaced by the Industrial Development Act.
“The role of the government will change from restrictive, as it has been so far, to one of extending support and encouragement,” stated the manifesto. But no new act was brought.

An industrialist, requesting anonymity, said, “The candidates for Lok Sabha elections were making rounds requesting support, but once their parties are elected to power, they forget the industry.”

Chamber of Industries and Commercial Undertakings (CICU) general secretary Upkar Singh said there was no implementation of policies during the regime of both governments.

“They include several perks for industries in their respective manifestos, but forget to implement them once chosen to power. Red tape is another hurdle in the development of MSMEs,” Singh said.

Singh said, “MSMEs provide employment to lakhs of people in the state and had been under severe pressure due to tax and duties imposed on it. Several units of MSME have also shifted out of the state.”

Apex Chamber of Commerce president PD Sharma said the NDA regime in 1998 was much sensitive than the UPA government during its two terms. “NDA at least used to listen to the grievances of the industries and brought in many rules for the betterment of MSME,” Sharma said.