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Sir, I would like to express my gratitude to the hon. Minister for
bringing the Bill. It was a matter of concern for long as to how to
develop the small and medium scale industries which are being closed
gradually. As a result, crores of people have been rendered jobless
and poverty is on the rise. The hon. Minister has taken a concrete
step in this regard. Today our industries are suffering because the
goods produced therein are unable to compete with the imported goods
in the market. Our cost input is more but despite that, quality goods
are not being manufactured. On the other hand, imported good s are
available at cheaper rates and people are purchasing them. Therefore,
the Government is expected to pay special attention to provide
employment and revival of more and more sick industries. It will
generate employment for the people and the economy will improve o a
great extent.
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