MSME Associations need to use this Forum not only for removing bottlenecks in the smooth flow of credit to the sector but also for reviewing the accessibility of bank finance to more and more MSMEs but also highlight gaps if any in the attitude and skills at the bank branch level.
As it is observed that rehabilitation of sick micro, small and medium enterprises could not be taken up due to non-availability of promoters’ contribution in a large number of cases, we have recommended to the GOI to set up a Rehabilitation Fund for rehabilitation of sick MSME enterprises. The Industry Associations have often been often representing on the delayed payments from large corporates.