MSMEs to create an upsurge in the employment opportunities in the country- Kalraj Mishra

New Delhi, May 10 (KNN) Union Micro, Small and Medium Enterprises (MSME) Minister Kalraj Mishra today said that MSME sector has huge potential to create an upsurge in the employment opportunities in the country.

Speaking at the inauguration of Cluster Development Programme and Launch of a compendium “Parcham”, he said that poised for rapid growth and integration with major global value chains, MSEs will make considerable impact in realizing “Make in India” vision. ‘The sector has the potential to market its ‘Made in India’ brand globally’, said the minister.

Speaking about the cluster development programme, Minister said that the Cluster Development Programme (MSE-CDP) is being implemented by MSME Ministry for holistic and integrated development of micro and small enterprises in clusters through Soft Interventions such as capacity building, marketing development, export promotion, skill development, technology upgradation, Hard Interventions like setting up of Common Facility Centers and Infrastructure up gradation in the new/existing industrial areas/ clusters of MSEs is being also taken up.

later the Minister of State Giriraj Singh also said that the cluster development approach has built a sustainable eco-system by facilitating investment, foster innovation, augment skill development.

Minister of State further explained that it plays a pivotal role in deriving the growth of SMEs in India by geographical proximity of cluster units. Development of clusters, thus, holds key to inclusive growth and plays a critical role in India’s future.

He Expressed hope that the workshop would prove to be a perfect stage for interactions to help the Government plan, augment and execute various policies and programmes aimed at the sustained development of MSME sector in the country. (KNN Bureau)