Ludhiana: MSME ministry seeks registration of all industrial units | punjab | Hindustan Times
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Ludhiana: MSME ministry seeks registration of all industrial units

punjab Updated: Jun 27, 2015 20:56 IST
HT Correspondent
HT Correspondent
Hindustan Times

The ministry of micro small and medium enterprises (MSME) has asked the unregistered industrial units working in Ludhiana and elsewhere to get themselves registered in an easy way for getting the benefits of schemes being offered by the ministry.

In Ludhiana, there are more than 30,000 unregistered industrial units that are spread in different locations of the city. These units are operational in homes or functional in small areas.

The ministry has also shot off a letter to the chief secretary of Punjab stating that MSME Development Act 2006 prescribes for filing of entrepreneur memorandum (EM) for all enterprises. It states that this process has been made voluntary and entrepreneurs find difficulty in filing these in absence of proper eco system in District Industry Center (DICs).

“The manual procedure is ridden with several challenges and is not considered investor friendly. On account of the cumbersome procedure and since filing of EM is not mandatory, many MSMEs have not registered themselves and are outside the scope of services offered by the government,” stated the letter.

The ministry of MSME has now developed a web portal for online filing of EM to make the process simple. All MSME engaged in the activities of manufacturing or in providing of services not registered permanently with the state directorate of industries District Industries Center on or before March 31, 2007 are called unregistered MSME.

Even the industrial leaders in Ludhiana say that the initiative of the central government to register the MSME units in an easy way would go a long way. Knitwear and Textile Club president Vinod Thapar said there are several unregistered industrial units in Ludhiana that could develop through the government schemes when registered. “Such units should come forward to avail the benefits of central government scheme,” he added.