More say of SME sector in policymaking demanded

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More say of SME sector in policymaking demanded

August 26, 2018

Karachi: The Union of Small and Medium Enterprises (UNISAME) invited the attention of the prime minister to the need for inclusion of SME sector representative in all advisory bodies of the state by virtue of it being the majority sector.

Their inclusion is a must for foolproof support policies and economic growth on fast track, said President UNISAME Zulfikar Thaver in a statement here Sunday.

He said the micro to medium sized sector (MSME) is the majority sector and comprises of farmers, traders, manufacturers and services providers. It also includes the hawkers and home based units. It has a huge vote bank and part and parcel of voters who elect parliamentarians. It is, therefore, necessary to have their representative in the advisory bodies of the government and the private and public sector institutions.

Any policy made without the consensus of the MSME sector would be devoid of popular consent and it would be wise to include their representatives, he emphasized.

In fact all the SME promotion and development institutions such as SMEDA, SECP, PCSIR, NPO and SME Bank need to have an SME representative on their board of directors or governing bodies for best feedback and policy making guidelines to facilitate, support, uplift the sector scientifically on modern lines after comprehension of their needs.

Thaver appreciated the comments of the PM in his first address to the nation on television channels that the SME sector is the backbone and needs to be uplifted for economic growth.

UNISAME assures the PM and his government of full support and have promised to set up innovative industries and increase productivity. They have also committed to modernise their units and have requested the PM to facilitate them and adopt friendly policies of taxation, provide uninterupted energy, reduce duties on raw material, provide technical and marketing support and offer conducive environment for fast track MSME promotion and development.

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