Govt to continue policy support for SME sector: Humayun

 Industries Minister Nurul Majid Mahmud Humayun Sunday said the government would continue to provide maximum policy support for the development of the SME sector.

“SME sector is the main driving force for development of the country’s economy. Prime Minister Sheikh Hasina has separately announced an incentive package of Taka 20,000 crore for the SME sector. It is being implemented,” he said.

The minister said this while speaking as the chief guest at a webinar on “Post- Covid: SMEs Role- Financial and Industrial Growth”, said a press release.

World Association for Small and Medium Enterprises- Bangladesh organised the webinar.

Dhaka University Professor Mohammad Shariat Ullah delivered the keynote speech at the event while Head of Bangladesh Chapter of World Association for Small and Medium Enterprises SM Zillur Rahman conducted the webinar.

Oman’s Ambassador to Bangladesh Taeeb Salim Alawi, Nepal’s Ambassador to Bangladesh Dr Banshidhar Mishra and SME Foundation Chairperson Dr Masudur Rahman, among others, spoke on the occasion.

Humayun said initiatives have been taken to strengthen linkages between SME entrepreneurs and buyers by expanding product marketing facilities.

To this end, SME Foundation and BSCIC are providing e-commerce services to entrepreneurs, he added.

As a result of the initiatives taken by the government, he said, the uninterrupted supply chain in the industrial sector continues and the country’s SME sector is turning around.