SME Policy 2015

The vision of the MSMEs Policy is to create “A critical mass of viable, dynamic and competitive MSMEs, significantly contributing to the socio-economic development”. Its Mission is to stimulate growth of sustainable MSMEs through enhanced business support service provision, access to finance, technical and business skills, and the creation of a conducive policy, legal and institutional framework. The objectives of the Policy are:

  • Objective 1: To provide enabling environment through policy, legal and institutional coordination framework
  • Objective 2: To promote research, product/process development, innovation, value addition and appropriate technologies including ICT
  • Objective 3: To Promote product and service standards for quality assurance
  • Objective 4: To support access to markets and business information services
  • Objective 5: To increase access to credit and financial services
  • Objective 6: To enhance capacity building for entrepreneurship, vocational, business and Industrial development skills
  • Objective 7: To enhance gender equity, inclusiveness and environmentally friendly businesses for sustainable development.

The detailed SME Policy is hereunder:

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