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Demand supply mismatch in MSME: Harshil Mehta

The Dollar Business (TDB) spoke to Mr. Harshil Mehta (HM), CEO at DHFL on key issues relating to access of credit to SMEs. The excerpts are given below:  By Ahmad Shariq Khan   TDB: Access to credit is one of the biggest challenges hurting MSME’s in India.  What is your suggestion on changing the status quo? HM: Today undoubtedly, the MSME segment can be described as the backbone of the Indian economy. This segment, however, needs a positive business environment and finance options for upgrading worker skills and buying capital equipment, thereby realising its potential to spread industrial growth across the country. Realising the challenges faced by the MSMEs, the Government has come up with various progressive policy initiatives and measures which have helped in the gradual ...