The National Board for Micro, Small & Medium Enterprises chaired by Union Minister Kalraj Mishra met to discuss issues related to the MSME sector, including revision of the definition of MSMEs, framework for revival and rehabilitation of MSMEs, among others.
At the meeting, Mishra said the MUDRA Bank will prevent small entrepreneurs from exploitation at the hands of money lenders and will instill new confidence in them. He also said that the MSME Ministry is going to be a major plank in the government’s Make in India initiative.
The Minister also mentioned that the web portal Digital Employment Exchange for industry launched recently will go a long way in enabling industrial units to find suitable manpower and job seekers to find suitable jobs.