Dhaka Chamber of Commerce & Industry (DCCI) has placed a set of recommendations to the Ministry of Industries for government's consideration for the next draft Industrial Policy 2021.
DCCI President Rizwan Rahman handed over a total of 25 recommendations to the Secretary of Ministry of Industries, K M Ali Azam on 16 February, 2021.
Some of the major recommendations are to reconstitute the definition of SME and bring the Medium category out of Cottage, Micro and Small and add to the large category of Industries. DCCI perceives that it will ease the cottage, micro and small enterprises to get financial and policy benefits.
The Chamber also recommended establishing a National SME Cluster Development Authority which will foster the sector specific cluster to ensure more productivity and diversification, to initiate signing FTA or PTA with potential countries, to take reskilling and up-skilling initiative for creating new jobs.
DCCI has also urged the government to establish a technology adoption and dissemination centre to increase product's diversification and quality. Specific guidelines also sought to strengthen logistic support in order to make the e-commerce sector effective.
DCCI urged to allocate separate incentive packages for importing substitute SMEs in the SEZs, form a SME bank in the country to give easy access of credit to the SMEs, to allocate a Crisis Mitigation Fund under the central bank.
However, the next Industrial Policy should be in consistent with the policies of BEZA, NBR, BEPZA, BIDA, BSCIC and Bangladesh Bank.