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– Smt. Mercy Epao, Jt Secretary Ministry of MSME, delivered a Keynote address at the SMEStreet GameChangers Forum and emphasized on central government’s proactive initiatives for MSME development.
– Shri P Udayakumar CMD of NSIC explained the contribution of MSME Schemes implemented by NSIC for the benefit of Indian MSMEs.
New Delhi, India, July 21, 2022 – (ACN Newswire) – Shri Rakesh Sachan, Cabinet Minister for Ministry of MSME and Khadi, Government of Uttar Pradesh, attended the SMEStreet GameChangers Forum 2022 Webinar as the Chief Guest and emphasised Uttar Pradesh’s MSME Policies and Shri Yogi Adityanath’s government’s commitment to MSMEs’ development in the state. Smt Mercy Epao, Joint Secretary, Ministry of MSME, Govt of India, attended the event as the Guest of Honour and delivered her keynote address, highlighting flagship MSME policies and schemes that are designed to give a boost to MSMEs in order to bounce back on a growth path after the pandemic.
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Shri Rakesh Sachan, Minister of MSME and Khadi in the UP Government, emphasised the UP Government’s commitment to creating a positive and safe environment for business.”We are working towards ensuring an all-around positive ecosystem for economic upliftment in the state. The last few years have shown a great level of enthusiasm from both MSMEs and the investor community from across the world in coming to our UP state.
Highlighting the first 100 days of the second term of the Yogi government of Uttar Pradesh, the MSME Minister of UP mentioned the success of the Mega Loan Mela that Chief Minister Shri Yogi Adityanath launched. Through this initiative, a loan of 16 thousand crores has been distributed to one lakh nine hundred thousand beneficiaries of the state.
The Minister also highlighted initiatives like the sanctioning of common facility centres in various districts under the One District, One Product common facility centre (CFC) saying, “Such schemes are helping MSMEs from smaller towns like Azamgarh, Siddharthnagar, Sitapur, and Ambedkar Nagar. Similarly, the proposal for the upgrade of infrastructure facilities under the central government’s Cluster Development Program shows that major development work is happening in Jalaun’s Industrial Asthan Coach, Salarpur Industrial Area of Badaun in only the first 100 days of our government. The work of setting up the Woolen Thread Cosmetic Center in Prayagraj is going on. About 35% of the building work has been completed.
While giving the keynote address to the SMEStreet GameChangers forum, Smt Mercy Epao, Jt Secretary of MSME Ministry emphasized on Central Government’s focused approach towards creating a conducive ecosystem for the growth of MSMEs in the country. She said that the government has initiated many programs and schemes in credit facilitation, cluster development, technology centres, market linkages, skilling and capacity building, encouraging innovation and sustainability, and creating better coordination between the Central Government and State Governments. The Ministry of MSME is not only working on policies but also addressing the grievances of MSMEs through online Champions and Samadhan portals. The MSME Ministry has recently launched the CBFTE Scheme to support first-time exporters by assisting them financially with registration with EPCs, insurance premium testing, and certification of their products and services. Innovation, ZED and Lean schemes will help the MSMEs to become competit ive in the global value chain. The Ministry has launched the Udyam …
Full story available on Benzinga.com
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