Home » MSME » President Inaugurates Udyam Sangam-2018 to mark UN SME Day 

President Inaugurates Udyam Sangam-2018 to mark UN SME Day 

President of India, Ram NathKovind, said that the MSME sector is leveraging the demographic dividend of the countryand promoting inclusive growth in rural and backward areas. He said that MSME sector accounts for around60% employment in India. He said that there are 6.5 crore MSME units across the country employing over 11 crore people and contributing over 10% growth which is higher than heavy industrial units. The President inaugurated the Udyam Sangam-2018 in New Delhi today. Referring to UdyamSakhi portal of the MSME Ministry, he said that it will empower women and weaker sections by providing training to 80 lakh women.

The President appreciated the work done by ArunachalamMuruganatham in promoting women’s hygiene by manufacturing low-cost sanitary napkins. Entrepreneurs in more than 100 countries are now trying to replicate this. A film documenting his struggle has been made. The President desired that many more such films documenting the contributions of innovative Micro and Small Entrepreneurs should be produced.

The President of India launched the Solar Charkha Mission today which will cover 50 clusters and every cluster will employ 400 to 2000 artisans. The Mission has been approved by the Government of India for which the MSME Ministry will disburse subsidy of Rs. 550 crores to the artisans.He further said that the Solar Charkha Mission will generate employment in rural areas and contribute to the green economy.

The President also referred to the special relief given to the MSME sector under Insolvency and Bankruptcy Codewhich will allow promoters to bid for an enterprise undergoing Corporate Insolvency Resolution Process. Shri Ram NathKovind mentioned that micro and small units are producing parts for Indian Space Research Organization (ISRO) and Tejas fighter aircraft.  He expressed hope that deliberations at the conclave today will throw new solutions so that micro and small entrepreneurs may be able to occupy a space at the global level.

A portal of the Ministry of MSME called “Sampark”was also unveiled by the President. This portal will act as a bridge between the talent pool and those enterprises seeking trained man power.

Nearly three thousand delegates from Ministries and Departments of Central Government, State and Union Territories, Autonomous Bodies, MSME Associations, Non-Banking Financial Corporations, Private Sector and Public Sector Banks, Venture Capitalists, Entrepreneurs and Self Help Groups are participating in the day long conclave. They will be deliberating upon a range of issues that include MSME Credit, entrepreneurship of aspirational groups andregions, agri-business enterprises, challenges before Services, Knowledgeand Manufacturing Sectors, women entrepreneurs, development and strengthening of access to market and health care and Ayush enterprises.In order to develop a system for creating awareness about Government schemes, a session on communication and media will also be held.

The purpose of the Conclave is to encourage dialogue and partnerships among various stakeholders of the MSME ecosystem for promoting innovation and knowledge sharing on MSME related issues. It is also aimed at creating awareness about the MSME Sector at the national level and assuring through declaration of specific measures for knowledge, marketing, technical and financial handholding by the Government of India of the MSME Sector at the grass-root level.

“UdyamSangam2018” is a step forward towards consolidating the convergence and synergy of all the government initiatives relating to MSME Sector.

The UN General Assembly in its 74th Plenary held on the 6th April, 2017 declared 27thJune as Micro, Small and Medium-sized Enterprises Day, recognizing the importance of Micro, Small and Medium-sized Enterprises in achieving sustainable development goals and in promoting innovation, creativity and sustainable work for all.

On this occasion, Minister of State (I/C), Ministry of MSME,Giriraj Singh,Secretary, MSME, Dr. Arun Kumar Panda, Secretary, Ministry of Skill Development & Entrepreneurship, Dr. K. P. Krishnan and other senior officials were present at the inaugural session.

About Indianindustry Media

Leave a Reply

Your email address will not be published. Required fields are marked *



Check Also

Government Blocks 118 Mobile Apps Which are Prejudicial to Sovereignty and Integrity of India, Defence of India, Security of State and Public Order

The Ministry of Electronics and Information Technology, Government of India invoking it’s power under section ...

India will play a leading role in the future global political framework in terms of economy and Disaster Risk Management:Nityanand Rai

  The Union Minister of State for Home Affairs, Shri Nityanand Rai has said that ...

Ministry of Shipping has facilitated more than 1 lakh crew change in Indian ports and charted flights

Ministry of Shipping has facilitated more than 1,00,000 crew change on Indian ports and through ...

Structural Reforms are a Key Priority of the Government: Finance Minister

Addressing the captains of the Indian Industry, Union Minister of Finance and Corporate Affairs, Smt. ...

Government of India and AIIB sign agreement for $500 million to improve the network capacity, service quality and safety of the suburban railway system in Mumbai

The Government of India, the Government of Maharashtra, Mumbai Railway Vikas Corporation and the Asian ...

DRDO identifies 108 Systems and Subsystems for industry to design, develop and manufacture towards achieving “Atmanirbhar Bharat”

Responding to the clarion call given by Hon’ble Prime Minister for “Atmanirbhar Bharat”, the Defence ...

Shri Gadkari Asks Large Industries to Clear MSME Dues on Priority; Develop MMSE ancilliary industries for spares

Shri Nitin Gadkari, Union Minister for Micro, Small and Medium Enterprises (MSMEs) and Road Transport ...

Sector and Industry wise study of ground level issues for policy formulation is the need of the hour: Shri Nitin Gadkari

Shri Nitin Gadkari, Union Minister for Micro, Small & Medium Enterprises and Road Transport & ...

Tax system aims to be Seamless, Painless, Faceless : PM

Prime Minister Shri Narendra Modi launched a platform for “Transparent Taxation – Honouring the Honest” ...

DAC approves procurement proposals worth Rs 8,722.38 crore, including 106 Basic Trainer Aircraft for IAF

To strengthen the Armed Forces by relying on indigenous capability to take forward the initiative ...

WP2Social Auto Publish Powered By : XYZScripts.com