Udyami Bharat-MSME Day

Udyami Bharat-MSME Day is an important occasion that highlights the achievements and potential of Micro, Small, and Medium Enterprises (MSMEs) in India. This year, the event will be celebrated on June 27, bringing together key stakeholders from the government and the MSME sector.

Distinguished Guests in Attendance

The event will be graced by the presence of Narayan Rane, Union Minister, who will serve as the chief guest. Bhanu Pratap Singh Verma, Union Minister of State, will also be present as the guest of honour. Their participation underscores the government’s commitment to the growth and development of MSMEs in the country.

Exciting Initiatives to be Launched

Udyami Bharat-MSME Day will witness the launch of several noteworthy initiatives aimed at empowering and uplifting MSMEs. These include the unveiling of the Champions 2.0 portal, a platform that will provide valuable support and resources to MSMEs. Additionally, a mobile app for geo-tagging of cluster projects and technology centres will be introduced, facilitating effective management and monitoring of these initiatives. Moreover, the event will mark the launch of the MSME Idea Hackathon 3.0, a platform that encourages innovation and entrepreneurship among women entrepreneurs.

Recognition and Support

The event will also serve as a platform to acknowledge the accomplishments of MSMEs. The results of the MSME Idea Hackathon 2.0 will be announced, showcasing the creative and innovative ideas generated by participants. Furthermore, certificate distribution ceremonies will be held to honor Gold and Silver ZED-certified MSMEs. The MSME Sustainable (ZED) Certification, which promotes Zero Defect Zero Effect practices, aims to enhance the quality and efficiency of MSME operations.

Boosting Economic Growth

To further bolster the growth of MSMEs, the event will witness the digital transfer of Rs 400 crore margin money subsidy. This subsidy, a part of the Prime Minister’s Employment Generation Programme (PMEGP), will contribute to local employment generation and empower aspiring entrepreneurs.

Building a Vibrant MSME Ecosystem

The government’s initiatives for MSMEs are centered around creating an enabling environment for their success. These initiatives aim to improve the overall business ecosystem, foster innovation, promote regional development, and reduce regional disparities. By supporting MSMEs, the government seeks to drive economic growth and create a conducive environment for their sustainable development.

A Venue of Significance

The Udyami Bharat-MSME Day event will take place at Vigyan Bhavan in New Delhi, a prestigious venue that symbolizes the government’s commitment to the growth and progress of the MSME sector.

Month: Current Affairs - June, 2023

Category: India Nation & States Current Affairs