BUILD urges govt to revisit SME policy

The Business Initiatives Leading Development (BUILD), a joint initiative of DCCI, MCCI and CCCI, has urged the government to revisit the SME policy.

It has also urged the government to clarify the definition of CMSME & WE, Logistics in the upcoming National Industrial Policy 2021.

The urge came from the 7th meeting of the SME Development Working Committee of BUILD held yesterday. The meeting was co-chaired by KM Ali Azam, Secretary, Ministry of Industries and Mahbubul Alam, President, Chittagong Chamber of Commerce and Industry (CCCI).

Ferdaus Ara Begum CEO, BUILD made two key note presentations on Industrial Policy 2016 and Support for CMSMEs in Bangladesh & Revisiting the Action Plan of SME Policy 2019 to Address COVID-19 Situation, said a press release today.

Industries Secretary KM Ali Azam said to attain the goals set by the government by 2041, it is very essential to implement demand-based individual cottage, micro, small, medium & large industries.

He also said that the Ministry of Industries will consider all the recommendations placed by BUILD in the National Industrial Policy 2021.