MSME sector key facilitator of industrialisation in rural & backward areas: MoS MSME

Mayurbhanj, Dec 28 (KNN) The MSME Sector not only plays a crucial role in providing large employment opportunities at a lower capital cost but also helps in the industrialization of rural & backward areas, said MoS for MSME, Bhanu Pratap Singh Verma on Tuesday.

He was speaking at the National SC-ST Hub (NSSH) Conclave organised by the Ministry of MSME at Sahid, Smruti Bhavan, Baripada, Mayurbhanj, Odisha.

MoS also highlighted the various schemes of the Government to empower the MSME Sector and said that through this conclave the SC/ST entrepreneurs from the State will explore innovative ideas and mutual business opportunities and avail maximum benefits from these schemes.

The aim of the event was to promote entrepreneurship culture and spread awareness of the NSSH Scheme and other Schemes of the Ministry.

It saw the participation of around 700 SC-ST aspiring and existing entrepreneurs.

Addressing the Conclave, Comptroller & Auditor (CAG) General of India, Girish Chandra Murmu emphasised on the significant role of the MSME Sector in the Indian economy in terms of its contribution to GDP and overall exports from India.

A special technical session chaired by Dr Ketaki Bapat, Advisor/Scientist ‘G’, from Office of Principal Scientific Advisor of India provided an interactive platform for aspiring and existing SC-ST entrepreneurs to interact with CPSEs, lending institutions,  etc.

The programme also witnessed the participation of CPSEs like Power Grid Corporation, Steel Authority of India, Indian Oil Corporation, Mahanadi Coalfield Ltd. who gave presentations on their vendor empanelment process and details of products/services to be procured.

It also had financial institutions such as UCO Bank, and State Bank of India, which detailed various lending schemes pertaining to the MSME sector.

Training institutes like IIT Kharagpur, Central Tool Room and Training Centre, Bhubaneswar, Central Institute of Petrochemicals Engineering & Technology also participated in the program by putting up a stall and demonstrating their technology and various skill development programmes.

The program also had facilitation desks of UDYAM Registration for facilitating registrations of SC/ST MSE participants on the spot.  (KNN Bureau)