New Delhi, Jan. 11 -- After fourteen years, the Micro Small and Medium Enterprises Development Act 2006 may undergo a major revamp.
According to Office Memo issued by Office of Development Commissioner under Ministry of MSME on 8th Jan 2020, a Working Group has been constituted under chairmanship of Surendra Nath Tripathi, Director, Indian Institute of Public Administration (IIPA). Tripathi- a former officer of Indian Administrative Services, headed Office of DCMSME as Additional Secretary earlier and is conversant with issues confronting MSMEs.
The Working Group is tasked to conduct necessary study and recommend modifications that are required in the MSME (Development) Act, 2006 in order to ensure ease of doing business and sustainable...