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CS Executive · Setting Up of Business, Industrial and Labour Laws · Micro, Small and Medium Enterprises

Regarding the composition of the Advisory Committee under the MSMED Act, 2006, which statement is correct?

The Advisory Committee includes not more than three State Government representatives as ex officio members. The five-officer limit applies to Central Government officers, and each of the micro, small and medium enterprise associations has one representative. The Chairperson is the Ministry Secretary.

  1. AIt includes not more than three representatives of State Governments as ex officio membersCorrect
  2. BIt includes not more than five State Government officers as members
  3. CIt includes exactly ten representatives of enterprise associations
  4. DIt includes the Member-Secretary of the Board as Chairperson

Explanation

Section 7(2) provides for not more than five Central Government officers with expertise, not more than three State Government representatives, and one representative each of the associations of micro, small and medium enterprises. Option B swaps the Central and State officers, and the Chairperson is the Secretary of the Ministry.

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