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Proper Policy Support for Small & Medium Enterprises Urged/WTO norms can threaten fortunes of SMEs: Study

机译:研究:对中小企业的适当政策支持敦促/ WTO规范可能威胁中小企业的命运

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The far reaching impact of various World Trade Organization norms may threaten the fortunes of the small and medium enterprises in the country, according to a study by Exim Bank. Proper policy support for SMEs given their potential in industrial and export growth as well as in generating jobs was called for, it said. The study titled 'Export Performance of Small and Medium Enterprises in India' notes that while a number of units in the sector have been striving hard to obtain ISO or BIS certifications and compete against cheaper imports, the overall picture appears gloomy, given the lack of policy support. According to the report, the strategies for SME development should be primarily a spontaneous phenomenon which are guided, but not determined by policy interventions, it is necessary to create favourable conditions for SME development through spontaneous initiatives. Such spontaneous initiatives should be supported through policy interventions so that barriers are removed and profit expectations are generated among entrepreneurs.
机译:根据进出口银行的一项研究,世界贸易组织各项规范的深远影响可能威胁到该国中小企业的命运。它说,鉴于中小企业在工业和出口增长以及创造就业机会方面的潜力,因此需要适当的政策支持。这项题为“印度中小企业的出口绩效”的研究指出,尽管该行业的许多部门一直在努力获得ISO或BIS认证并与廉价进口产品竞争,但由于缺乏出口或进口,总体形势令人沮丧。政策支持。报告认为,中小企业发展战略应主要是自发性现象,应以指导为原则,​​而不是由政策干预来决定,有必要通过自发行动为中小企业发展创造有利条件。此类自发性举措应通过政策干预予以支持,以消除障碍,并在企业家中产生利润期望。

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