9.Measures for promotion and development.—The Central Government may, from time to time,
for the purposes of facilitating the promotion and development and enhancing the competitiveness of
micro, small and medium enterprises, particularly of the micro and small enterprises, by way of
development of skill in the employees, management and entrepreneurs, provisioning for technological
upgradation,marketing assistance or infrastructure facilities and cluster development of such enterprises
with a view to strengthening backward and forward linkages, specify, by notification, such programmes,
guidelines or instructions, as it may deem fit.
10. Credit facilities.—The policies and practices in respect of credit to the micro, small and medium
enterprises shall be progressive and such as may be specified in the guidelines or instructions issued by
the Reserve Bank, from time to time, to ensure timely and smooth flow of credit tosuch enterprises,
minimise the incidence of sickness among and enhance the competitiveness of such enterprises.
11. Procurement preference policy.—For facilitating promotion and development of micro and
small enterprises, the Central Government or the State Government may, by order notify from time to
time, preference policies in respect of procurement of goods and services, produced and provided by
micro and small enterprises, by its Ministries or departments, as the case may be, or its aided institutions
and public sector enterprises.
12. Funds.—There shall be constituted, by notification, one or more Funds to be called by such name
as may be specified in the notification and there shall be credited thereto any grants made by the Central
Government under section 13.
13. Grants by Central Government.—The Central Government may, after due appropriation made
by Parliament by law in this behalf, credit to the Fund or Funds by way of grants for the purposes of this
Act, such sums of money as that Government may consider necessary to provide.
14.Administration and utilisation of Fund or Funds.—(1) The Central Government shall have the
power to administer the Fund or Funds in such manner as may be prescribed.
(2) The Fund or Funds shall be utilised exclusively for the measures specified in sub-section (1) of
section 9.
(3) The Central Government shall be responsible for the coordination and ensuring timely utilisation
and release of sums in accordance with such criteria as may be prescribed.