Since years there has been negligence on the part of the SMEs in the Manufacturing sector, the result of which during the recession phase the SMEs are the ones which get hit badly to the extent that they get to liquidation.
In India the manufacturing sector contributes substantially to the overall GDP growth in which the SMEs make up for 40% of the total output in a way affecting the GDP growth of the country by a considerable extent. Considering this huge impact,it is imperative for the FM of India to consider of the following options to uplift the SMEs.

1. Dual subsidy from the state & center on the Purchase of machinery.
2. Increase the percentage of depreciation from 15% to 25%.
3. Levy or reduction in the Taxes & duties.
4. Better Infrastructure & Power at susidised rate.