Federation of Indian Micro and Small & Medium Enterprises

Dear Sir,



After Indian economy having been hit by economic slow down during last quarter of the year, Indian government and RBI had taken some measures to address the crisis. On 13th Feb’09, Federation of Indian Micro and Small & Medium Enterprises (FISME) with The Economic Times organized MSME Summit to discuss these issues which was Chaired by Dr. Montek Singh Ahluwalia, Dy. Chairman Planning Commission. But due to imposition of model code of conduct immediately after the event, new support measures could not be taken.



Now a new Government is taking over. The MSME Summit platform is collecting feedback from the industry with regards to their expectation from the new Government.



We would be grateful if you kindly spare a few minutes and reply to these questions (given at the end) by 27th May 2009. The story will be carried by The Economic Times on 29th May 2009. Towards your gesture of cooperation, FISME would be happy to send a print copy of Dossier of MSME Summit.



Thanking you



Mukesh Kalra

Joint Secretary (International Trade)

Federation of Indian Micro and Small &

Medium Enterprises (FISME)


Dear Mukesh

Please find the feedback form for your references

with regards

Nksagar



Feedback form



i. Has access to credit for SMEs improved on the ground after measures ( two stimulus packages) taken by the government early this year?

Nksagar: Expansion in bigger companies put us to more enquiries to our company has increased in last two months.Thus show the desired confidence in the big units.




ii. Did your domestic sales affect in the last quarter ( Dec’08-March’09)?

If yes, is it same or do you see any change now for good?

NKsagar:Engineering companies providing serices were severely affected thus our company did get meagre enquiries.



iii. Did your export sales affect in the last quarter?

If yes, is it same now or do you see any change now for good?

NKsagar: We are not exporting companies.


iv. Do you think government will announce new package for MSMEs?

NKsagar: it is on cards as per the statement of Shri Kamal Nath federal Minister.



v. If yes, what will be your expectations with regards to?

1. Finance Nksagar: In fiunance government to provide stimulus package for ailing industries.
2. Taxes: Nksagar:Tax relief too is on cards.
3. Reforms for simplifying procedures.Nksagar: Government talks on this issue sucess is question mark.
4. Marketing support: Nksagar:Indian government has put various item under anti-dumping neds to do more to save Indian industries.



vi. Any other expectation from/ suggestion to Government ?

Nksagar:The government needs to bring not only Aam Admi budget but the Industrial friendly budget to let industries cope up the global competition with low taxation and easy accessibility of finance with lesser red tapism in productivity and marketing.


With regards,

Nksagar

Chairman

Consultant

Enkaysagar holdings Pvt Ltd

http://www.Nksagar.com

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