U.K. SINHA PANEL

Jan. 3, 2019

The RBI has appointed an eight-member expert committee to propose long-term solutions for revival of the micro, small and medium enterprises (MSME) sector.

About:

  • Composition: The eight-member expert committee will be headed by former SEBI chairman U.K. Sinha.

  • Terms of References:
    • The panel would review the current institutional framework in place to support the MSME sector, and examine the factors affecting the timely and adequate availability of finance to the sector.

    • The panel will also review existing MSME-focussed policies and their impact, and study the global best practices with respect to MSMEs and recommend their adoption in India.



  • Tenure: The committee will submit its report by the end of June 2019.

  • Background: The MSME sector has been facing stress due to the demonetisation exercise and implementation of GST.

Source : The Hindu