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Experts have said it is imperative to take realistic steps to enhance the quality of services and development of business for increasing productivity in the micro, small and medium enterprise (MSMEs) sector, reports UNB.

They suggested increasing direct investment for expanding business for women, easy availability of loans from banks and other financial institutions, and increasing the amount of loans for the private sector to overcome challenges in the MSMEs sector.

The experts were speaking at the programme "Corporate Connect Event for MSMEs" at the city hotel Wednesday.

They also called for making the process of getting a trade licence easier and arranging training for entrepreneurs.