JAIPUR: The government will soon introduce a new comprehensive policy for the MSME sector after incorporating suggestions from related associations, Union Minister Kalraj Mishra said.

He counted the problems of entrepreneurs in setting up a Micro, Small and Medium Enterprises (MSME) unit and said that the government would incorporate suggestions from the industry bodies and association so that a progressive environment can be made.

"I held meeting with representatives of 80 associations in Delhi and sought their suggestions to make the draft policy. We will incorporate important suggestions and soon introduce the draft policy," he said here at a meeting of "Laghu Udyog Bharti", which represents small scale industries.

The minister said that he has been given several suggestions by the industry people which would be considered positively by him.

He highlighted the importance of the MSME sector and said that the country would become a developed nation on the strength of the sector.

Mishra said the government was making several efforts for skill development, addressing issues related to loan sanction for micro industries and improving governance by implementing e-governance system.

"NOCs from various departments have to be taken to set up a unit and now we are putting in place a mechanism to simplify the process to seek NOC in a time-bound manner," he added.

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