Agartala, Jan 08, 2023, TRIPURATIMES Desk
Agartala, Jan 08: Union Minister for MSMEs Narayan Rane along with Chief Minister of Tripura Prof. (Dr.) Manik Saha will inaugurate a 'Regional Conference on Sustainable Development of MSMEs in the North East Region (NER)' at Prajna Bhavan on Monday.
Union Minister of State for MSME- Bhanu Pratap Singh Verma would also join the regional conference, said Mercy Epao, joint secretary of Ministry of MSMEs.
Speaking to the media on Sunday, the official said, the conference is being organized by the Ministry of MSME to spread awareness on various schemes of the Ministry. The Conference will showcase launch of various initiatives of the Ministry of MSME and the State Government.
Launch of RAMP (Raising and Accelerating MSME Performance), linking of NER Portal under Udyam Shakti, inauguration of the Gomati City Gas Project. inauguration of West Tnpura Bamboo Mat Cluster under SFURTI scheme and inauguration of new building of KVIC (Khadi and Village Industries Commission) and TKVIB (Tripura Khadi and Village Industries Board) are few of the activities planned for the conference, the official said.
The conference will provide a platform for aspiring/existing entrepreneurs to interact with the officials from Central and State governments, CPSEs and Industry Associations working continuously towards the development of MSMEs in India.
For inclusive growth, the Ministry of MSME implements various schemes to promote entrepreneurship in India providing handholding support to MSMEs through various interventions catering to every segment of society to empower MSMEs in NER. The central government has spearheaded many initiatives.
‘Promotion of MSMEs in NER & Sikkim’ is a dedicated scheme providing financial support for infrastructure development for MSMEs. Till date Rs. 140 crore has been released. Under Prime Minister Employment Generation Programme (PMEGP) 1.14 Lakh micro units have been assisted leading to generation of 7.6 Lakh jobs, the joint secretary said.
MSME Cluster Development Programme has led to the completion of 29 projects since its inception. Rs 135.45 Crore has been released by the central government. Total of 85 clusters, benefintng the local artisans have been approved under "SFURTI (Scheme of Fund for Regeneration of Traditional Industries)". Till date 2.7 Lakh enterprises from NER have registered themselves on Udyam Portal creating 23 Lakh jobs.
Given the impact of MSMEs on economy, it is imperative that focused efforts is given to promote entrepreneurship amongst the youth and create a conducive ecosystem where they play an integral role in development of Indian economy to realize the 5 trillion USD economy.
Nurturing the MSME sector is important for the economic well-being of the nation. MoMSME is consistently working to empower MSMEs for sustainable growth and to become compatible in the global value chain. This conference will help MSMEs of Tripura and other North Eastern States to expand their horizons by incorporating new ideas as they become aware of the various interventions given by the Government.
Secretary of Industries and Commerce department Abhishek Chandra said, Tripura is holding second position among the north Eastern states in implementing PMEGP. The state saw an investment of Rs. 300 crore under this scheme so far, he said.
Several other officials including Director of Industries and Commerce department Viswashree B. were present in the press conference.