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

Sunrise Textiles, a micro enterprise in Surat, wants to know who can specify programmes for skill development of employees, technological upgradation and cluster development for MSMEs under the MSMED Act, 2006. Who has this power?

The Central Government has this power. Under Section 9 of the MSMED Act, 2006 it may, by notification, specify programmes, guidelines or instructions for skill development, technological upgradation, marketing, infrastructure and cluster development of MSMEs.

  1. AThe Central Government, by notificationCorrect
  2. BThe Micro and Small Enterprises Facilitation Council of each State
  3. CThe Reserve Bank of India, by circular
  4. DThe District Industries Centre of each district

Explanation

Section 9 empowers the Central Government to specify, by notification, programmes, guidelines or instructions for promotion and development, covering skills, technology, marketing, infrastructure and clusters. The RBI role is limited to credit policy guidelines under Section 10, so the RBI option is wrong for development programmes.

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