Open letter to 4 Big Consulting Companies PWC, Deloitte, EY, McKenzie.

All 4 big consulting firm has got MSME desk and they get engaged with central and state government and many large industrial association like CII, Assocham, FICCI etc., for giving policy inputs.

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As we know, from Nationalization of banks in 1969, because of definition of MSME was based on plant & machinery, the assets created has not been captured properly.?Accordingly to us, it will be in range of 300 to 400 lac crore.

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Now, time has come for all MSMEs entrepreneurs to follow “Apna Haath Jaganath” philosophy.

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They have to increase their operational efficiency by at least 5% year on year for next 3 years to create 3 to 4 crore low skill jobs without large capex.

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The creation of these jobs will add 1.5% to India’s GDP at 3 trillion dollar.

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Can big 4 help us to work on this?

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Regards,

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Nilesh Desai,

Director,

SMEA Analytics Pvt Ltd

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