Monday, May 20, 2019

SMEs and SDGs


Strongly feel MSMEs are the pillars and SDGs can only be achieved if SMEs are in sync with the initiatives, well trained, motivated and incentivized. MSMEs worry whether their cost will go up and they become non competitive and their returns go for a toss. The Social, Environmental challenges which threaten have long term impact and need to bring in awareness and MSMEs should prioritize the Goals and choose focused areas out of 17 SDG Goals. MSMEs need tools to continuously monitor their progress in this area and the large Industries should recognize the same and practice, document and review the SDG initiatives. MSMEs participation will be felt in all 17 SDG’s when the entire supply chain follows standards like ISO 20400, ISO 26000 and versions in line with GRI suitable for MSMEs should start emerging with easy to do tools.
With nearly 50 million MSMEs in India including both registered and not registered and in various sectors viz., manufacturing, servicing, IT, food , logistics, pharma etc., subject matter experts with the help of large Industries should start proving inputs which will in fact give the MSMEs short, mid and long term benefits while they create best practices towards achieving their Goals

No comments:

Post a Comment