World Bank Should Provide Loans To All Small Scale Enterprises In Developing Countries ...

World Bank Should Provide Loans To All Small Scale Enterprises In Developing Countries ...

Started
October 10, 2017
Petition to
President The World Bank 1818 H Street, NW Washington, DC 20433 President Dr. Jim Yong Kim
Petition Closed
This petition had 70 supporters

Why this petition matters

Started by IndianLegalCentre

Small Scale Industries do not enjoy much of the advantages enjoyed by large scale enterprises because of their nature and size. Though they have made significant contribution to economic development, they have not realized their full potential. They face many problems in their functioning and many Small Scale Industries are sick.

The government had reserved certain items for exclusive production by Small Scale Industries. Large scale enterprises were not allowed to produce the items which were reserved for the SSI sector. With the opening up of the economy and following the principles of liberalization and globalization, many items have been successively De-reserved. Therefore Small Scale Industries have to now counter the twin forces of competition from Indian large scale enterprises as well as foreign competitors and Loans  Too .

Many Small Scale Enterprises Faces Problems Getting Loans From Banks Every day .... 

Requesting World Bank To Take Necessary Actions To Provide Loans To All Small Scale Enterprises In Developing Countries With Out Bias .  

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Petition Closed

This petition had 70 supporters

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Decision Makers

  • President Dr. Jim Yong KimPresident The World Bank 1818 H Street, NW Washington, DC 20433