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The central government should help MSMEs to purchase the smart office software they need.
Software is essential for checking income, expenses, calculating taxes, handling invoices, tenders, details.
A scheme should be started to provide office computer and other electronic equipment at subsidized rates to entrepreneurs doing e-commerce activities.
The central govt should regulate non-bank financial service providers. Extortionate interest rates plague MSMEs.
The state government's electricity department also follows the practice of peak hour charging to discourage MSMEs, which is daylight robbery.
The regulations of the state govts are burdensome for the MSMEs, so the central government should create a separate cabinet for MSMEs.
When a separate ministry is set up, law, justice, finance, infrastructure development, education, regulations and digital related matters can be given separate focus for this sector.

FARMER PRODUCER ORGANIZATION should also be included in the list of MSME. Co-operative production should be encouraged. MSMEs should also be encouraged to jointly offer a product or service.
This will help industries in an area to thrive.
Steps taken by the central government to increase FARMER PRODUCER ORGANIZATION (FAP) are welcome, but the steps taken by the state governments are not good. Co-operative and private affiliates like FARMER PRODUCER ORGANIZATION should be formed in all sectors.Many leading textile companies have joined forces to create a brand in Tirupur.
Its sales have also been good. Many MSME companies should jointly produce and sell common brands and make way in the laws.

Bringing MSMEs in Industrial Disputes & Settlement Acts is welcome. Settlement should be reached within 30 days in District or Zonal Tribunals.
Settlements must be reached within the payment term.
Agriculture-related MSMEs may be allowed to enter into agricultural contracts.

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 Associations/other stakeholders & general public.

Based on the consultations and written inputs received from various stakeholders, the amendments proposed in the MSMED Act, 2006 are based on the following four key pillars:

भारत सरकार को बड़ा से बड़ा कदम उठाने की जरूरत है और उसका साथ देने के लिए हर भारतीय को खड़ा होने की बहुत ही जरूरत है जय हिंद जय भारत वंदे मातरम जय भीम

Delayed payments to micro and small enterprises:

he Act stipulates that the payments for supplies or services have to be cleared in favour of micro and small enterprises within 45 days of acceptances. The State Government shall, by notification, constitute one or more Micro and Small Enterprises Facilitation Council to monitor the matter of delayed payments

Power to make Rules:

The Central Government may, by notification, make rules to carry out the provisions of the Act.
The State Government may also, by notification, make rules to carry out the provisions of the Act.

level of employment in a class or classes of enterprises;
level of investment in plant and machinery or equipments;

Discretionary for a micro or small enterprise and also for a medium enterprises engaged in providing or rendering of services,
Obligatory (compulsory) for a medium enterprise engaged in the manufacture or production of goods pertaining to any industry specified in the First Schedule (IDR Act),
For medium enterprises, the Central Government shall specify by notification the authority with whom they would file memorandum,
In respect of micro & small enterprises the State Govt.

Measures for promotion, development and enhancement of competitiveness of micro, small and medium enterprises:

Extension of credit facility for micro, small and medium enterprises,
Preference policies in procurement of goods and services for micro and small enterprises,
Provision for Central funds.

MSMED act is a revolutionary step for development of msme sector.some changes has been necessary according to time.my view is to a msme portal has been opened for registered all enterprises.second local administration should be accountable for available all basic facility.third provision of punishment for any fraud and anti social activity.fourth a block level msme committees has been formed for inspection of all thing at grass route level.

MSMED act is a big step for grass route changes in msme sector.some changes has been necessary according to time.my view is to policy has been framed for grass route level enterprises.second msme sector has been protect from different legal hurdle.third promote innovation and creativity in msme sector.fourth a proper training facility will be given to all trader.