Excelsior Correspondent
JAMMU, Oct 25: Bari Bra-hmana Industries Association (BBIA) has urged upon the Government to implement Ancillarisation Policy for the survival of MSME sector in the State.
In a meeting of the BBIA held here today under the chairmanship of Lalit Mahajan (president) in presence of Rahul Bansal – senior vice president, Varun Singla vice president, Ajay Langer general secretary, Viraaj Malhotra secretary/ treasurer and other members of the Association to discuss the implementation of Ancillarisation Policy by the State Govt for providing due share in the purchase of raw material and packaging material to the MSME sector by the Public Sector Undertakings and large scale units working as well as under implementation in our State on the initiative of Industries Minister.
Mahajan stated that Ancillarisation process was started in the country simultaneously with the Govt setting up enterprises almost in all the core sectors. The large industries and other Public Sector undertaking (PSUSs) started sub-contracting the standard and low technology items to small-scale industries which developed a sound base of Ancillarisation, helped proliferations and development of MSME sector.
The concept of Ancillarisa-tion in private sector will prove a milestone in ushering in an era of sub-contracting amongst the Industries located in our State which will increase the avenues of the employment.
At present there is a need of hours for the adoption of Ancillarisation Policy by the Industries Department to protect the Interest of the MSME sector of packaging and other related Industries engaged in the manufacturing of industrial products required by the PSUs & large scale units of our State.
The BBIA members urged the Industries Minister to issue necessary instructions to the concerned officials to issue guidelines to adopt the Ancillarisation Policy for the development of MSME sector in the State.