Gujarat Government Establishes Five Regional Councils to Expedite MSME Payments

Ahmedabad — In a move aimed at expediting the settlement of delayed payments to MSME (Micro, Small and Medium Enterprises) entrepreneurs, the Gujarat State Government has announced the formation of five Regional Councils. This decision comes as an extension to the Central Government’s existing Micro and Small Enterprise Facilitation Council (MSFC) based in Gandhinagar, which has been tasked with resolving payment delays for entrepreneurs statewide.

Until now, all applications regarding delayed payments were processed by the MSFC at Gandhinagar. To make this process more efficient and responsive to local needs, the state government has taken the initiative to establish these regional councils. "The aim is to make the work of entrepreneurs easy and quick," stated the State MSME Commissioner's office.

The new councils will be located in key industrial hubs: Ahmedabad, Vadodara, Surat, Rajkot, and Bhavnagar. In each of these councils, the Resident Additional Collector (RAC) will serve as the chairman. The General Manager of the District Industries Centre will assume the role of Member Secretary. These Regional Councils will operate under the jurisdiction of the District Industries Center Office in their respective regions.

This decision is expected to significantly cut down the time required for the resolution of delayed payments to MSME entrepreneurs. By delegating responsibilities to regional councils closer to the industrial areas, the state government aims to provide quicker and more targeted solutions to local business issues.

The move has been widely appreciated by the business community, as it aligns with the broader objectives of streamlining governmental processes and bolstering the MSME sector, a crucial engine for the state's economic growth.