Smeda holds consultative workshop

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LAHORE - Small and Medium Enterprises Development Authority (SMEDA) is going to implement a project with the financial support of UNDP to empower poor strata of the society with right to do marginalized businesses, which have no clear legal status so far in Pakistan.

It was revealed at a consultative workshop arranged by SMEDA Wednesday at a local hotel to review draft of the “Community Outreach Strategy” developed by the renowned legal expert Asad Maken for practical implications of the project.

Workshop was attended by a number of stakeholders and legal and business experts. Sultan Tiwana, General Manager, Business and Sector Development Services (BSDS), presided over the session, who announced to continue series of such consultative workshops in other cities as well to share key findings and seek inputs of the stakeholders on the draft strategy.

The report identifies that even though existing SMEDA structure does provide legal services to the business community but it does not cater to the peculiar requirements of the marginalized businesses. It, therefore, recommends addition of this function to SMEDA’s institutional structure. Role of the informal sector and its contribution to the economy has also been underlined in the report.

Courtesy: The Nation

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