Industry bodies in Mysuru on Tuesday urged the Administrative Reforms Commission headed by retired Chief Secretary T.M. Vijaybhaskar to ensure that the State brings in the Micro Small and Medium Enterprises (MSME) Act.
During an interaction with Mr. Vijaybhaskar at the District Industries Centre (DIC) in Mysuru, the representatives of various industry bodies in Mysuru lamented that most of the guidelines announced in the State’s industrial policy are not implemented.
Though the State routinely announces an industrial policy once every five years with a view to promoting industries and enhancing their competitiveness, most of the guidelines of the policy remain on paper. For, the industrial policy is not statutory unlike the rules framed in pieces of legislation.