Assam govt plans relaxed guidelines for MSME setup
The MSME Ordinance, putting an end to the process of taking multiple permissions for setting up MSMEs in the state for next 3 years, is aimed at to attract investment by facilitating exemption equivalent to the Congressruled Rajasthan and the BJP-ruled Gujarat.
Pointing out that Opposition Congress was opposing the MSME ordinance in Assam sources in the industry department told this newspaper that Rajasthan in June last year had become the first Indian state to allow MSMEs to start projects without any approval or clearance while Gujarat followed suit in October bringing a similar ordinance.
Both the ordinances in Rajasthan and Gujarat are similar. Pointing out that an individual or industrialists who wish to set up an MSME unit will be required to present a ‘Declaration of Intent’ and can start work after receiving an acknowledgement receipt, sources said that Kerala brought a similar law in November and Punjab in December last year.
Clarifying that fear in a section of organisation including opposition Congress that the new ordinance will infringe upon the land rights of the indigenous people and also lead to violation of several existing environmental, forest and agricultural land laws, sources in the industry department asserted that the MSME ordinance approved by the Assam Cabinet is only for MSME (micro, small & medium enterprises), and not for large industries. “This will largely help local entrepreneurs. This ordinance will not be applicable for hazardous industries,” he said.