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Discussion on Amendments in the MSMED Act 2006

Start Date :
Jul 05, 2024
Last Date :
Aug 05, 2024
23:45 PM IST (GMT +5.30 Hrs)
The Ministry of MSME is in the process of amending the MSMED Act, 2006. In this regard, this Ministry had consulted various central Ministries/Department/State Govt./Industry ...
DEAR HONERABLE PRIME MINISTER,
I HAD ONE REQUEST ABOUT TOPIC HOME LOAN AND EDUCATION LOAN INTEREST.IN THIS THERE IS ISSUES WITH MIDDDLE CLASS FAMILY.THEY ARE SUFFERING FROM RAISE OF GLOBAL MARKET.SO CAN U PLEASE REDUCE THE INTERST RATE HOME LOAN AND GIVE LOWER GENERATION WITHOUT INTEREST EDUCATION LOAN.ITS HELPFULL TO MIDDLLE CLASS PEOPLES.
ANOTHER IS I HAVE IDEA WITH NOW FLOODS ARE THERE IN MANY PLACES,SO THERE IS IDEA WITH CAMERA LIKE DRONE WITH WATERPRUFE.IT WILL GOES ANY WARE LIKE DOWN TO EARTH.
PRESENTLY ANKOLA FLOODS ARE CAME SIR IN WHICH PLACE WE DO THIS TYPE OF CAMERA IS HELPFUL I THINK .ITS WATERPROOF WORKING DEEP AT WATER.WHY DID WE DO LIKE THAT CAMERA.IN THAT SHOWN DEEP OF WATER ,ITS HELPFULL TO PEOPLES.MAINLY ITS WORKING WITH WATER PROOF DRONE.ITS MY SMALL SUGGEST TO IF WE CREATE LIKE THIS CAMERA HELPFUL TO MANY PEPOLES SAVE OUR EARTH WHEN FLOOD ARE OCCURED .
THANK YOU
HONERABLE SIR..MODIJI
मै मोदी जी से अति प्रसन्न हु देश हित मे जो भी कार्य है प्रसंसनीय है लेकिन मुझे अभी तक किसी भी योजना का लाभ नहीं मिला मै कर्ज के बोझ मे इतना दब गया हु की अब कोई रास्ता नहीं दिख रहा है मै और मेरा परिबार भोंखे मरने के कगार पर है अब तो सोंच रहा हु सपरिवार आत्म हत्त्या कर लू मेरी मदद करने वाला कोई नहीं है
gamna rasta barabar nathi, pani peni ka barabar nathi
cont to page 2
why you made it whether banks granted to pay if co fail he the banks have no risks you have to pay three premiums than you taken back the slender value when govt says no any security is required why they are taken the total premiums comes about to Rs 276000/- yearly Is it possible to get income or otherwise the said persons wanted to bring the loanee in the Road he you may complain any where no body can do any actions against me and he also say aap ko loan dekar maira kaya faida what he wants that means he is corrupted persons he setback all his superior by influence of money power so I requested to draw up a high level bolds steps by higher efficient officer not connected with the N. E. Zone your corporations in this regards is highly be appreciated to you and obliged that should be confidencial with many thanks jai hind
May kindly be allowed to submit some complain against the Chief Manager Sri Gunjesh Kumar of Indian Bank S. R. Lohia Road Branch Tinsukia he wanted security against Mudra loan of 4 lakh which was taken by my wife Geeta devi garodia prop of Agarwal flour Mill & Co A/c no. 7342740208 than I have assignment of all the living policies and sbi life policies aditya birla three of 25000/- yeary premium thee 50000/- each yearly premiums and tree life insurance corporation of india as a security the pvt co policies was mde forcefully made the bank which call third party polices when asked the manger why you force to made
no ration commodities are available in proper all looted by the ration staffs. No wheat rice palmoil available. No proper administration here. No pulses are available going to be stopped. but we are in great difficulty here please take action. No media voice all stopped.
sir we from tamilnadu. This idiot stallin could not get any outlets shops for selling tasmac bottles. hence we from tamil nadu are placing this humble request to our Honble Prime Minister Shri Natedra Modiji to make this man selling bottles in ration shops. as it may create more death tolls. Sir Please intervene in this matter of selling bottles in ration shops. Already poor people are suffering. more deaths causing in tnadu nobody to question him. As my brother is also affected by this. moreover please bank of racing as so many families are ruined by this. Moreover electricity bills bus fares are going to be hired this month onwards. we people are suffering here days by day. please kick this man ouoff cabinet or dissolve this dmk government immediately. thk you sir
*Amendments in the MSMED Act, 2006*
- *New Composite Criteria*: The Central government has introduced a new composite criteria for classifying MSMEs, which comprises both ‘investment in plant and machinery/equipment’ and ‘turnover’ ¹.
- *Registration Procedure*: Significant changes have been introduced in the registration procedure to facilitate transparency and eliminate the misuse of the MSME mechanism ¹.
- *Dispute Resolution*: The Act prescribes a two-stage mechanism comprising conciliation and arbitration for settling the claims of micro and small enterprises ¹.
- *Landmark Judgments*: There have been 40 landmark judgments delivered by the Indian courts on the Micro, Small and Medium Enterprises Development Act, 2006, which have provided clarity to the Act and ensured its implementation in its true sense ¹.
Digitalization and E-commerce:To promote digitalization, the government has encouraged MSMEs to adopt e-commerce and digital payment systems. This includes facilitating the integration of MSMEs into online marketplaces and providing support for technology upgrades. Such initiatives aim to expand the market reach and competitiveness of MSMEs.
Support for Innovation and Skill Development:Amendments and policy changes have also focused on promoting innovation and skill development within the MSME sector. This includes support for startups, research and development initiatives, and vocational training programs. Such measures are crucial for enhancing the productivity and efficiency of MSMEs.