Our Chairman Mr Rajnish Goenka and MSME Development Forum team was at the 16th Meeting of National Board for MSME. We really appreciate the efforts of Shri Giriraj Singh and Ministry of Micro, Small and Medium Enterprises and look forward to contributing to the implementation of a road map for reforms, including a comprehensive policy for reforms.
It gives us lot of pleasure to see the Government of Uttar Pradesh and the Ministry of Micro, Small and Medium Enterprises, Government of India came together to put together such a great show.
At the event, our chairman, Mr Rajnish Goenka raised some concerns that MSMEs in India have and we hope they are addressed. We are a nation of entrepreneurs and Udyamis and we need to take the people back to being Job Creators from Job Seekers.
Watch the full speech here:
The Atal innovation Mission (AIM) has put out a challenge which grants up to 1 crore to the winner. This challenge has been launched under NITI Aayog. Not only will this participant get the monetary grant but also mentorship will be provided to him.
“Under the Atal New India Challenge, which shall be run in collaboration with five ministries, AIM will invite prospective innovators/MSMEs/start-ups to design market-ready products, using cutting edge technologies or prototypes across 17 identified focus areas such as Climate Smart Agriculture, Smart Mobility, Predictive Maintenance of Rolling Stock, Waste Management etc,”, an official statement quoted.
Applicants will be judged on three steps i.e, capability, intent and potential to productize technologies. This grant will also be supplemented by mentoring, handholding, incubating and other support which will be required at the further stages of the deployment of the product.
The event will not only give opportunity to various exhibitors to showcase their skills and innovations but also give opportunity to visitors to find new business opportunities, attend speaker sessions and startup fest. Further the forum will shed light on various challenges being faced by small as well as medium entrepreneurs via different sessions.
The expo will help aspiring entrepreneurs, businesses and MNCs in establishing global connect, promoting their businesses, networking with the right partners and spreading awareness around entrepreneurship in the country. Further this expo will help new entrepreneurs in identifying new markets for growth and expansion. The event will also witness participation from Union and State Ministers as well as other stakeholders like budding entrepreneurs, corporate, innovators, banks, PSUs, businessman, industries, investors and many more including international delegates.
The MSME sector demonstrates the entrepreneurship spirit of India. These billionaires have also been born out of these MSMEs; they did not evolve overnight. May it be the recent case of Walmart taking over Flipkart or the other companies as Zomato and Redbus acquiring a platform for themselves, all of them started from the bottom.
With the government creating the more suitable environment for MSMEs in India, the rank will go high in the years to come.
According to PTI, Food Processing Secretary Jagdish Prasad Meena said the corpus for the non-banking financial institution — tentatively called the agro-processing financial institution — will be Rs 2,000 crore with the government contributing 20% or Rs 400 crore.
The government is ready with the draft policy on ‘Operation Green’ scheme which will be launched next month. Under this scheme, a group of farmers would be encouraged to form clusters in key growing areas to boost production and marketing of tomato, onion and potato said Harsimrat Kaur Badal, Union Minister fir Food Processing Industries while addressing the Press Conference.