'Industrial development being neglected in Arunachal Pradesh'

A CORRESPONDENT

ITANAGAR: The Arunachal Pradesh Micro and Small Industries Development Association (APM&SIDA) said that the State Government is negligent over the implementation of various industrial schemes which have the potential to generate huge income for the State.

Addressing mediapersons at the press club here on Wednesday, APM&SIDA president Lindum Rana said that the State Government had, during the 2020-21 Budget session, announced the Arunachal Pradesh Industrial & Investment Policy 2020 of Rs 5 crore.

Later, the amount was cut down to Rs 3 crore. The association has no issue with the cut in the scheme amount, he said, but appealed to the State Government to immediately implement the capital investment subsidy for the entrepreneurs.

"Many entrepreneurs applied for the scheme and it has been a year but there is no response to the application from the concerned State industry department. Therefore, we appeal to the concerned Industry Minister to immediately look into the matter for the welfare of young entrepreneurs," he said.

He said the delay in implementation of the scheme for two years is a matter of concern. Therefore, the State Government should also investigate the matter, he added.

Rana said that the implementation of the public procurement policy of MSME in the State is very important. According to the guidelines under MSME, there is 25% procurement from ST/SC enterprises. However, the policy is ignored in the State by the Public Sector Undertaking (PSU) and the industry department.

"Therefore, we demand for the intervention of the State Government in the matter and accordingly implement the procurement policy. Likewise, we also appeal for the sanction of funds to the applicants who have applied under Deen Dayal Upadhyaya Swalamban Yojana," he said.

Rana informed that there are many youths who applied under the scheme but have not been funded by the banks for almost two years, despite erection of business structures.

He also said the scheme is a failure in the State.

The association has also appealed to the State Government to implement start-up India and MUDRA Scheme, implementation of MSME Facilitation Council, to functionalize Entrepreneurship Development Institute (EDI) at Jote and proper implementation of Prime Minister Employment Generation Programme (PMEGP).

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