The Prime Minister, Manmohan Singh has assured members of the All India Confederation of Micro, Small and Medium Industries Associations of supporting the sector so that it not only weathers the present global crisis but continues to prosper.
Singh repeated his government`s commitment to inclusive growth and noted the micro, small and medium enterprises (MSME) contribution to employment by providing 42 million jobs and accounting for 45% of manufacturing and 40% of exports.
Singh also directed that the committee of officer`s setup under the chairmanship of the cabinet secretary would consider the issues raised, in consultation with the ministry of MSME and submit its recommendations within a fortnight.
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