karachi

The Union of Small and Medium Enterprises (UNISAME) has urged the PML-N government to remember its promises to facilitate the entrepreneurs who can change the destiny of Pakistan with the help and support of the policy-makers.

UNISAME President Zulfikar Thaver said in a statement that the majority sector of micro and small to medium sized entrepreneurs (MSMEs) expected that the business friendly PML-N government would take fast and positive steps to boost the MSME sector but the present government was lacking the initiative.

He invited the attention of Prime Minister Nawaz Sharif to the lethargy in addressing the requirements of the sector although more than a year has passed for the Pakistan Muslim League (PML-N) government and major issues of access to finance, export promotion, tax exemptions, industrial estates, incentives and technical support remain unattended.

He said: “The government needs to facilitate the primary sector with seeds, fertilizers, fumigation pesticides, agricultural equipments to bring about fast track growth and uplift the primary sector.

The secondary sector holds tremendous potential but is facing adverse conditions of energy crisis and the situation demands full-fledged resolutions on war footings. The government will gain in the long run by facilitating the SME units to modernize their plants and machinery and allow free import of technology and zero duty on balancing and replacement machinery. He said: “Immediate steps are needed to promote alternate energy by subsidized financing and facilitating the entrepreneurs for installation of solar, bio mass and wind devices to generate electricity wherever suitable.

“It would be wise if the government promotes new industry by tax exemptions, providing land on easy lease payment facilities, providing marketing support, facilitating transfer of technology and access to finance on affordable mark up. PML-N government must learn from the success stories of China, Turkey, USA, UK and Japan how the SMEs are facilitated and promoted to grow.”