The micro, small and medium enterprises (MSMEs) sector feels that there should be separate consultations with them in the run-up to the Union Budget 2012-13.
The Federation of Indian Micro and Small & Medium Enterprises (FISME) has also stated that the MSME sector used to hold separate pre-Budget consultations with the Finance Ministry till 2004.
VK Agarwal, President of FISME, said, “Earlier, the finance ministry used to hold a separate session with the small-scale industry sector. But this practice has been discontinued since 2004 and the ministry now holds one single pre-budget session for industry where the majority of the people invited are representatives of large corporate groups.”
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