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Small and Medium Enterprises
Definition
SME Policy
SME Development Council
Registrations
Loan programmes
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Small and Medium Enterprises
The new administration recognizes the potential of the SME sector in creating a more resilient and diversified economy as well as creating more employment opportunities, particularly in the outer atolls. It envisages establishing the requisite institutional and organizational mechanisms to restructure and consolidate all SME Development activities in order to achieve economies of scale and efficiency of operations. Furthermore, it is also exploring the option of pooling all funds allocated for development of SMEs and related activities under the aegis of a single entity with responsibilities for providing the various services needed for SME Development in the country across sectors. |