Rane

The minister also inaugurated the portal for the scheme for the promotion of MSMEs in the Northeast region and Sikkim

Union minister of micro, small and medium enterprises (MSME) Narayan Rane on Wednesday said that there is a need to address the issue of delayed payments to micro and small enterprises. 

While chairing the 18th meeting of the National Board of MSME (NBMSME), Rane assured that all the valuable suggestions made by the members during the meeting would be considered appropriately.

The minister also inaugurated the portal for the scheme for the promotion of MSMEs in the North East Region (NER) and Sikkim. 

The minister launched the integration of Udyam and NCS portals, which was announced in Budget 2022. 

A Memorandum of Understanding was also signed between the Ministry of MSME and the common service centre in connection with the Udyam registration portal.

He highlighted the contribution of the MSME sector to gross domestic product (GDP), exports and employment. 

He also mentioned the integration of the portal of Udyam with that of the National Career Service (NCS) as an opportunity for the MSME sector to access the employable manpower database of NCS. 

Referring to the signing of the MoU between the ministry of MSME and the common service centre, Rane said it would expand the handholding support to enterprises residing in remote areas and help them avail benefits of government schemes and priority sector lending.