Encouraging MSMEs To Advance In Class, Coordinating Minister For Small And Medium Enterprises Teten Launches New PLUT

Coordinating Minister for SMEs Teten Masduki/DOK VIA ANTARA

JAKARTA - The government continues to develop cooperatives and SMEs and encourage entrepreneurs to be more productive. Therefore, the Ministry of Cooperatives and SMEs (KemenKopUKM) launched the New PLUT (Integrated Business Service Center) program.

Minister of Cooperatives and SMEs (Menkop UKM) Teten Masduki, conveyed that the redesign of PLUT to New PLUT is the implementation of PP 7 of 2021 concerning Ease, Protection, and Empowerment of Cooperatives and MSMEs.

"With the new program that has been designed, it is believed that New PLUT will be able to accelerate the number of micro-enterprises to upgrade to medium and large businesses," said Minister of Cooperatives and SMEs Teten Masduki at the launch of New PLUT in Lombok, West Nusa Tenggara, quoted from a written statement. , Sunday, January 30.

Teten explained that currently Indonesia's economic structure is still dominated by micro-enterprises. The number of micro-enterprises in Indonesia is recorded at 99.6 percent. The government continues to strive to reduce the number of micro-enterprises from informal to formal.

To be able to compete, continued Teten, productive entrepreneurs must be created. The government targets the entrepreneurship ratio to reach 3.95 percent in 2024. Meanwhile, currently it only reaches 3.55 percent of the total population of Indonesia.

To achieve this target, Presidential Regulation (Perpres) Number 2 of 2022 concerning Entrepreneurship Development has been issued which officially took effect on January 3, 2022.

"The Presidential Decree on Entrepreneurship has just been issued, and in the Presidential Decree the target is to print new entrepreneurs with an incubation approach. Although we have 64 million MSME actors, only 3.55 percent enter the entrepreneurial category," continued Teten.

Teten also emphasized that MSME actors could win the competition in the domestic or international market through digitalization. Because almost 50 percent of e-commerce products are controlled by imported products.

"Even though our digital market is the largest in Southeast Asia, if we don't have a superior product, we will be flooded with foreign products. This is indeed a challenge for us together," he said.