NCSMEs NEEDS TO BE REFORMED TO INCLUDE TECHNOCRATS

Zulfikar Thaver member National Committee Small and Medium Enterprises (NCSMEs), Ministry of Industries and Production (MOI&P) has urged Shahid Rashid, Secretary MOI&P to reform the NCSMEs in lieu of the challenges confronting the incoming government and remove political appointees and perpetual absentees from the committee to make it effective, meaningful and vibrant.

Thaver said many persons appointed at the time of formation of the committee were ignorant about the role of the committee and were merely appointed to oblige the influential whereas the committee demands persons having expertise in SME promotion and development.

The NCSMEs has an important role to play and has the federal and provincial secretaries of finance, commerce, industry, planning and also the governor State Bank of Pakistan (SBP) along with private sector representatives.

The presidents of important chambers of commerce and industry and SME associations are also its members.

Thaver urged the secretary industries to revamp the NCSMEs to include technocrats from banking, energy, engineering, insurance, logistics and management sector for expert input for fast track SME promotion and development.

The NCSMEs has strong terms of reference for framing and designing SME policy for the sector based on modernization and uplift of the sector with technical education, facilitation and boosting the sector by encouragement and motivation.

The SME sector deserves the best attention of the policy makers and it is hoped that the incoming government will appoint a high calibre person as minister for industries under whom the Small and Medium Enterprises Development Authority (SMEDA) and the NCSMEs will function.

Posted in: Press Releases