The Micro, Small and Medium Enterprises Development Act, 2006
5. Functions of
Board.-
The Board shall,
subject to the general directions of the Central Government, perform all or any
of the following functions, namely:
a. examine the factors
affecting the promotion and development of micro, small and medium enterprises
and review the policies and programmes of the Central Government in regard to
facilitating the promotion and development and enhancing the competitiveness of
such enterprises and the impact thereof on such enterprises;
b. make recommendations
on matters referred to in clause (a) or on any other matter referred to it by
the Central Government which, in the opinion of that Government, is necessary
or expedient for facilitating the promotion and development and enhancing the
competitiveness of the micro, small and medium enterprises; and
c. advise the Central
Government on the use of the Fund or Funds constituted under section 12.