Expert Committee on MSME submits its report to RBI

The committee held its deliberations including consultations with various stakeholders. The committee has submitted its report to the RBI Governor Shaktikanta Das on Tuesday.

Published : Jun 19, 2019, 8:23 AM IST

Updated : Jun 19, 2019, 2:02 PM IST

Expert Committee on MSME submits its report to RBI

RBI

Mumbai: The Reserve Bank of India had constituted an ‘Expert Committee on Micro, Small and Medium Enterprises’ under the Chairmanship of Shri U K Sinha in January 2019 to suggest long-term measures for the economic and financial sustainability of the MSME sector.

The committee held its deliberations including consultations with various stakeholders. The committee has submitted its report to the RBI Governor Shaktikanta Das on Tuesday.

The other members include development commissioner for MSME Ram Mohan Mishra; joint secretary at the department of financial services Pankaj Jain; SBI managing director PK Gupta; ICICI Bank executive director Anup Bagchi; IIM-Ahmedabad professor Abhiman Das; Ispirit Foundation founder Sharad Sharma and Dvara Trust chairperson Bindu Ananth.

The central bank had announced setting up this expert committee at the December 2018 monetary policy announcement.

The committee held its deliberations including consultations with various stakeholders. The committee has submitted its report to the RBI Governor Shaktikanta Das on Tuesday.

The central bank had announced setting up this expert committee at the December 2018 monetary policy announcement.

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RBI sets up panel under UK Sinha to study MSMEs
Mumbai, Jun 18 (PTI) The Reserve Bank Tuesday set up
an eight-member expert committee under the leadership of
former chairman of Sebi UK Sinha to review the current
framework for the MSME sector.
The committee will suggest long-term solutions for the
economic and financial sustainability of the micro, small and
medium enterprises, RBI said in a statement, adding the panel
will submit the report by the end of June.
The central bank said the committee will study the
impact of the recent economic reforms on the sector and
identify the structural problems affecting its growth.
"The committee will examine the factors affecting the
timely and adequate availability of finance to the MSME
sector," the RBI said.
The other members include development commissioner for
MSME Ram Mohan Mishra; joint secretary at the department of
financial services Pankaj Jain; SBI managing director PK
Gupta; ICICI Bank executive director Anup Bagchi; IIM-
Ahmedabad professor Abhiman Das; Ispirit Foundation founder
Sharad Sharma and Dvara Trust chairperson Bindu Ananth.
The committee will review the existing MSME focused
policies and their impact and will propose measures for
leveraging technology in accelerating growth of the sector
apart from recommending the global best practices.
The central bank had announced setting up this expert
committee at the December 2018 monetary policy announcement.
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Last Updated : Jun 19, 2019, 2:02 PM IST

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Expert Committee on MSME submits its report to RBI

The committee held its deliberations including consultations with various stakeholders. The committee has submitted its report to the RBI Governor Shaktikanta Das on Tuesday.

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