{"id":2542,"date":"2019-06-22T02:42:05","date_gmt":"2019-06-22T02:42:05","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=2542"},"modified":"2019-06-22T02:42:07","modified_gmt":"2019-06-22T02:42:07","slug":"rbi-sets-up-a-committee-to-review-the-current-framework-for-the-msme-sector","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/rbi-sets-up-a-committee-to-review-the-current-framework-for-the-msme-sector\/","title":{"rendered":"RBI sets up a committee to review the current framework for the MSME sector"},"content":{"rendered":"\n<p>The Reserve Bank of India\nhad set up an<strong>&nbsp;eight-member\nexpert committee<\/strong>&nbsp;under the leadership of former chairman\nof SEBI,&nbsp;<strong>UK Sinha\non 18 June 2019.<\/strong>&nbsp;The aim is to review the&nbsp;<strong>current framework for the MSME\nsector.&nbsp;<\/strong><br>\n<br>\n<strong>Members\nof the committee:<\/strong><br>\n1)<strong>Head:<\/strong>&nbsp;UK\nSinha, former chairman of SEBI<br>\n<strong>Other\nmembers:<\/strong><br>\n2)Ram Mohan Mishra, development commissioner for\nMSME<br>\n3)Pankaj Jain, Joint secretary at the department\nof financial services&nbsp;<br>\n4)PK Gupta, SBI managing director&nbsp;<br>\n5)Anup Bagchi, ICICI Bank executive\ndirector&nbsp;<br>\n6)Professor Abhiman Das, IIM- Ahmedabad&nbsp;<br>\n7)Sharad Sharma, Ispirit Foundation\nfounder&nbsp;<br>\n8)Bindu Ananth, Dvara Trust chairperson&nbsp;<br>\n<br>\n<strong>Purpose\nof the committee:<\/strong><br>\nThe expert committee was set up to:<br>\n\u2666 suggest a long-term solutions for the&nbsp;<strong>economic and financial sustainability<\/strong>&nbsp;of\nthe<strong>&nbsp;micro, small\nand medium enterprises<\/strong><br>\n\u2666 to study the impact of the recent economic\nreforms on the sector&nbsp;<br>\n\u2666 to identify the structural problems affecting\nits growth<br>\n\u2666 to submit the report analysis by the end of\nJune<br>\nUpon reviewing the existing MSME focused\npolicies and their impact, the committee will propose measures for&nbsp;<strong>leveraging technology<\/strong>&nbsp;in\naccelerating growth of the sector apart from recommending the global best\npractices.<br>\nThe setting up the expert committee was\nannounced by<strong>&nbsp;RBI at\nthe December 2018 monetary policy announcement.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Reserve Bank of India had set up an&nbsp;eight-member expert committee&nbsp;under the leadership of former chairman of SEBI,&nbsp;UK Sinha on 18 June 2019.&nbsp;The aim is to review the&nbsp;current framework for the MSME sector.&nbsp; Members of the committee: 1)Head:&nbsp;UK Sinha, former chairman of SEBI Other members: 2)Ram Mohan Mishra, development commissioner for MSME 3)Pankaj Jain, Joint [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":2543,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[45],"tags":[],"class_list":["post-2542","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-articles"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/2542","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=2542"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/2542\/revisions"}],"predecessor-version":[{"id":2544,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/2542\/revisions\/2544"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/2543"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=2542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=2542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=2542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}