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India to become hub of manufacturing through MSMEs: Kalraj Mishra

Updated: Sep 22, 2016 06:31:55am
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India to become hub of manufacturing through MSMEs: Kalraj Mishra

New Delhi, Sep 22 (KNN) Meeting of a High Powered Monitoring Committee on National SC/ ST Hub is underway to review the work done for SC/ST entrepreneurs.

The meeting is being chaired by Union MSME Minister Kalraj Mishra and is being attended by Ministers of State for MSME, Giriraj Singh and Haribhai P Chaudhary along with KK Jalan, Secretary, Ministry of MSME.

In a tweet, Mishra wrote, “Chairing High Powered Monitoring Committee National SC/ST Hub, Udyog Bhawan.”

In his address, the Minister said, “India would become a hub of manufacturing through MSMEs and their inclusive development.”

The Ministry of Micro, Small & Medium Enterprises (MSME) had earlier this month formed a High Level Committee for reviewing, guiding and monitoring the work done by National SC/ST Hub and other departments for SC/ST entrepreneurs.

The Ministry of MSME on July 25, 2016 approved the scheme for setting up of National Schedule Caste and Schedule Tribe Hub to provide professional support to SC & ST entrepreneurs to fulfil the obligation under the Central Government/ procurement policy.

Along with other members from various departments, heads or representatives of industry bodies including - Federation of Indian Chambers of Commerce and Industry (FICCI); Confederation of Indian Industry (CII); Federation of Indian Micro & Small and Medium Enterprises (FISME); Laghu Udyog Bharti and more would also be the members of the High Level Committee.

According to the Public Procurement Policy, 20% of total procurement of goods and services by Central Ministries and CPSEs shall be made from the MSEs.

20% of such procurement from MSEs, i.e 4% of total procurement of goods and services shall be made from MSEs owned by SC & ST entrepreneurs.

Presently, less than 0.5% of total procurement of goods and services of CPSEs is made from enterprises owned by SC/ST. (KNN Bureau)

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