Jaitley to launch Data Bank to gather MSMEs info today

Arun Jaitley-indianbureaucracy
Arun Jaitley-indianbureaucracy

Finance Minister Arun Jaitley will launch a data bank to gather information about micro, small and medium enterprises MSMEs in New Delhi today. MSME Secretary K K Jalan has said, through the data bank, a census of MSMEs will be carried out online for the first time. He said, this will help save money as the previous census conducted in 2008 cost 50 crore rupees.

The fresh census is expected to be completed in just around one crore rupees. The census process will start formally tomorrow with the launch of the data bank. Mr. Jalan said, six Online Finance Facilitation Centres in Jalandhar Ludhiana, Guwahati, Lucknow, Peenia and Delhi will be opened tomorrow.

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