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The Associated Chamber of Commerce and Industry in India organised the 3rd SME Sammelan on the topic of “Defining new era for small and medium enterprises” in Dehradun on Saturday.

Dignitaries spoke on various aspects of entrepreneurship, issues concerning small and medium enterprises and the way forward.

The bankers from State Bank of India and Canara Bank apprised the gathering of various schemes and plans of the banks specially designed for small and medium enterprises.

While UK Joshi, director, Assocham delivered the introductory remarks, Vivek Mathur, senior group vice-president, ICRA Ltd, spoke on credit rating for micro, small and medium enterprises, Pramod Bapna, managing director, Smarthead Consulting Solutions, spoke on transforming SMEs into emerging corporates.

“It’s important how you structure and organise your setup. In a poor structure, you may become dependent on a particular person for a lot of things which may put you in a situation in which they may twist your arm every now and then,” he said. Speaking on corporate social responsibility, Bapna said, “Corporate social responsibility does not merely mean doing charity or maintaining a park. If you are managing your business ethically and treating your people well, you are fulfilling part of your corporate social responsibility.”

Speaking on making Indian SMEs globally competitive business units, UC Khanduri, assistant director, Ministry of MSME, Government of India, said that it is

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