The SME policy document should be revised with a gender angle and the Small and Medium Enterprise Development Authority (SMEDA) needs to build a stronger outreach network and take initiatives to encourage more women to participate in the economic system and prepare business guidelines for themselves.
This was suggested at the consultative session on Women National Business Agenda (WNBA) organized by the Federation of Pakistan Chamber of Commerce and Industry (FPCCI). The session was attended by women chambers and public sector officials to highlight lack of women-focused economic reforms-related policies.
SAARC Chamber of Commerce and Industry Senior Vice President, Iftikhar Ali Malik appreciated the project and suggested that SMEDA should cultivate the benefits of the project and come forward for the positive reforms relating to women entrepreneurship. The concept of warehousing should be introduced to support women entrepreneurs as other countries were following it.
He welcomed all the women for any type of assistance related to business and said that he had more than 3,000 women working in his Guard Group of industries, and being the leader of the business community, he would help all women entrepreneurs.
Speaking on the occasion, Vice President FPCCI, Ch Shafique Anjum said it is really needed to bring reforms in policies related to women entrepreneurship. The FPCCI always focuses to facilitate womenfolk but the government should also bring easy loan scheme for them.
FPCCI former vice president Masooma Sibatin said there is dire need of establishing environment conducive to business.
Pakistani women entrepreneurs are facing a number of challenges for setting up and running businesses, the non-conducive business environment is one of the major reasons. It hampers the process of new business establishments, survival, and growth of running businesses.
SMEDA provincial chief Raja Hasnan Javed said that small and medium enterprises (SME) sector should enhance its productivity as well as professional skills on modern scientific lines to fully capitalize the opportunities in backdrop of China Pakistan Economic Corridor (CPEC) project. He said that SMEDA is prepared to provide necessary training and allied facilities to this sector.
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