Vision To upgrade, expand and strengthen the traditional industries and micro small and medium enterprises (MSMEs) to contribute significantly to the GDP and to contribute to make Sri Lanka a 'Wonder of Asia'. Mission To provide policy guidance and facilitation to Traditional Industries, SMEs and Handicraft Sector to produce world class products that can compete locally and internationally and generate employment and income to the rural poor and contribute to strengthen the home based backyard economy, poverty reduction, equitable regional development, balanced and inclusive growth and social development. Mandated Functions The Ministry of Traditional Industries and Small Enterprise Development was established in terms of the provisions published in the Extra Ordinary Gazette dated 30th April 2010. According to this Gazette notification the powers, duties and functions of this ministry are mentioned below. Formulation of policies, programmes and projects to promote traditional industries and small enterprises development and all subjects that come under the purview of departments and statutory institutions attached to the ministry listed below, on the basis of Mahinda Chintana-vision for the future and any other overall National Policies that may be adopted by the government. Direction of the implementation of such policies, programmes and projects with a view to achieving the relevant national objectives within time lines agreed with the national planning authorities and within budgeted resources. Provision of all public services that come under the purview of the ministry in an efficient and people friendly manner. Reforming all systems and procedures to ensure the conduct of business in an efficient manner deploying modern management techniques and technology where applicable while eliminating corruption and waste. Development, marketing and export promotion of handicrafts. Development and Dissemination of creative market oriented designs for the handicrafts sector. Promotion, financing and sponsoring of small and medium enterprises. Conducting of exhibitions and trade fairs for the promotion of Sri lanka crafts products. Promotion of Entrepreneurial activities at the small and medium level. Development and promotion of Palmyrah industry. Thrust Areas Establishment and Promotion of Cottage Industries. Creation and Promotion of Traditional Industries and Small Medium enterprises/industries. Creation, Promotion and training on Handicrafts. Popularizing market oriented handicraft designs. Enterpreneurship Development. Development & Promotion of Kithul Industry. Development - Promotion of Palmyrah Industry. Manufacturing of Fishnets. Development of Salt Production. Statutory Boards and Institutions The Statutory Boards and Institutions coming under this ministry are as follows. National Design Centre. National Crafts Council Industrial Development Board Palmyrah Development Board Elephant P