MSMEs boost employment, entrepreneurship: Minister Chandra Mohan Patowary

GUWAHATI: "Growth of MSMEs will ensure employment generation and socio-economic development of our State. With minimum capital investment, MSME ensures maximum employment generation in comparison to the large industries which mostly rely on automation. MSME sector also builds entrepreneurial spirit among the youths, enabling them to become job creators rather than job seekers," said Industries and Commerce Minister Chandra Mohan Patowary at the MSME Conclave organized by CII here on Wednesday.

According to a press release, Patowary stated that in order to create a business-friendly environment in the State, the State Government introduced the Assam MSME (Facilitation of Establishment and Operation) Act, 2020. This will provide relief and support to entrepreneurs from the long procedures of approvals and inspections for 3 years.

He further added that under the Assam MSME (Amended) Act, 2021 any person or enterprise who intends to set up an industrial unit in the notified Industrial Area can apply for necessary clearances/permissions/NOCs through the Ease of Doing Business portal in an application form as may be prescribed.

The designated officer like General Manager of DICCs or Deputy General Manager of AIDC/AIIDC will forward that application to the concerned government departments or agencies. If government departments and agencies fail to recommend the licenses, permission, etc., or they do not provide their objections to the designated officer within 30 days from the date of receipt of the application, then such permissions, clearances, etc., will be deemed to be recommended/approved by them.

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