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| Office of Devlopment
Commissioner (MSME) |
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The SME (Small
and Medium Enterprise) sector is growing fast all over
the world. It is both acting as an engine of accelerated
growth and serving as a nursery for entrepreneurial
development. Therefore, many countries have established
SME support agencies to coordinate government interventions
in this sector. With the view to foster the growth of
the SME sector in India, the Central Government has
put in charge the Office of Devlopment commissioner
(MSME) ,formerly known as small Industries Devlopment
Organization(SIDO), as the respective nodal support
agency.
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SIDO
was established in 1954. Over the years, it
has seen its role evolve into an agency for
advocacy, support, and facilitation for the
SME sector. It operates over 60 offices and
21 autonomous bodies. They provide a wide spectrum
of services to SME. These services include facilities
for testing, training for entrepreneurship development,
preparation of project and product profiles,
technical and managerial consultancy, assistance
for exports as well as energy audits. Moreover,
SIDO offers economic information services and
advises the government in policy formulation
for the promotion and development of SME. The
field offices of SIDO work as effective links
between the Central Government and the State
Governments. |
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Consequent
to the increased globalization of the Indian economy,
small industries are required to face new challenges.
SIDO has recognised the changed environment and is currently
focusing on providing support in the fields of credit,
marketing, technology and infrastructure to SSIs. Global
trends and national developments have accentuated SIDO’s
role as a catalyst of growth of small enterprises in
the country. |
SIDO responsibility
for the tool rooms comprises strategic orientation and
leadership, guidance in the operational planning of
the individual tool rooms, supervision of their operations
and performance, and assessment of the impact of the
production and training services on the industry and
the labor market at large. |
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