Suggested Methodologies for Government

An offset policy promoting provident funds and insurance for MSME employees
Simplification of the Labor regulations as rigid labor laws hamper the growth of MSMEs
Measures to decrease financing expenses employing interest rate subsidies, speedy loan disbursements and comfort of access to economical credit.
Development of a proper redressal organization
Provide technology upgradation campaigns and vocational training centers
Organize mass training sessions to provide financial literacy and information on tax subsidies and GST information
Promoting government marketplaces and e-commerce platforms, domestic and international exhibitions.

Development of effective implementation of Intellectual property rights (IPRs), as inadequate implementation of such regulations generally impacts MSMEs which are innovation-driven
Enabling the MSME manufacturing sector to be competitive through quality management standards (QMS) and quality technology tools (QTT) to participate in exports by the government.
Encourage mobilization of handicraft artisans and handloom weavers into non-farm producers’ organizations to enable MSME development for such products.
Special support to khadi, village, and coir industries to globalize them.
Promote MSME women entrepreneurs for enhancing empowerment of women.
District industries centers (DICs) to be strengthened to assist MSMEs.
Enhance the reach of micro-finance institutions (MFIs) to finance micro enterprises.

Development of an SME Exchange, a separate trading platform for Small and Medium Enterprises by the Stock Exchanges in India.
Strengthening the Indian SME Forum to boost export capacity, set up district export facilitation centers, and launch a program for first-time MSMEs to participate in B2B exhibitions and access international markets.
Encouraging greater adoption of new structures like limited liability partnerships and single-person companies for MSMEs.
Detailed review of the insolvency legislation for the MSME sector.