SME Times is powered by   
Search News
Just in:   • India has intrinsic stakeholder interest in helping Africa: Official  • High-level US-China trade talks to resume: Officials  • PNB stocks surge over 4% after Nirav Modi's arrest  • Sensex ends flat on high stock-specific volatility  • Industry calls for open culture for innovation 
Last updated: 13 Feb, 2019  

msme-THMB-2010.jpg MSME secy urges sector to avail govt scheme benefits

   Top Stories
» India has intrinsic stakeholder interest in helping Africa: Official
» Industry calls for open culture for innovation
» Prez, VP greet people on the eve of Holi
» 'Enhance public, private investment in disaster reduction'
» Conclave on India-Africa project partnerships concludes
SME Times News Bureau | 13 Feb, 2019
MSME Secretary Arun Kumar Panda on Tuesday urged micro, small and medium enterprises to avail the benefits of various government schemes designed for the sector.

Speaking a Regional Conference on MSME Financing under National SC/ST Hub Scheme in New Delhi, Panda, said timely availability of low cost capital, technology upgradation to make MSMEs competitive, market accessibility and skilled man-power are the core components for the development of the MSME sector.

He urged MSMEs to avail the benefits of various schemes of the Ministry like Credit Guarantee Trust Fund for Micro & Small Enterprises (CGT SME), Prime Minister’s Employment Generation Programme (PMEGP), Credit Linked Capital Subsidy for Technology Upgradation (CLCSS), Lean Manufacturing Competitiveness for MSMEs, Financial Support to MSMEs in ZED Certification Scheme.

Additional Secretary & Development Commissioner MSME Ram Mohan Mishra urged Chambers of Commerce to transfer to MSMEs knowledge of emerging areas of business and technology and share with them their vision of the future in order to make MSMEs competitive.

This handholding will give the necessary boost to the MSME sector in the country, he said.

The focus of the conference was to highlight the financial challenges faced by the SC/ST entrepreneurs and the various steps taken by the Government and other stakeholders to overcome these challenges.

A loan and awareness camp was also organized by the partnering banks and financial institutions for the participants of the conference.
Speaking at the event, MSME minister Giriraj Singh stressed on the need for financial inclusion of small entrepreneurs, without whom the country cannot develop.

Print the Page
Add to Favorite
Share this on :

Please comment on this story:
Subject :
(Maximum 1500 characters)  Characters left 1500
Your name:

  Customs Exchange Rates
Currency Import Export
US Dollar
UK Pound
Japanese Yen 58.85 56.85
As on 21 Mar, 2019
  Daily Poll
Is counterfeiting a major threat to SMEs?
 Can't say
  Commented Stories
» Starting an import export business: Basic guide for beginners(1)
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter