Micro, Small & Medium Enterprises (MSME) Minister Kalraj Mishra on Wednesday said that his ministry is committed towards enhancing the competitiveness of MSMEs so as to enable them to face the challenges ahead in view of global competition.
Speaking on the occasion of ‘Dividend Paying Ceremony’ of National Small Industries Corporation (NSIC), a Mini Ratna company under the Ministry of MSME, Mishra expressed happiness over NSIC’s facilitation to the MSME sector specially when there are stiff challenges being faced by the sector. The Minister also urged that more and more MSMEs shall be served through NSIC in the coming years.
The Union minister also applauded the role of NSIC in providing integrated support services to MSMEs with respect to marketing, technology, credit and information support. He appreciated the fact that NSIC has been supplementing the availability of raw material at competitive rates to a large number of MSMEs all over the country.
Mishra also appreciated NSIC’s efforts through its Rapid Incubation Programme in contributing towards entrepreneurship development by transforming the youth in the country from ‘berojgar to swarojgar’. MSME Secretary Madhav Lal, complemented NSIC on providing integrated support to MSMEs within the country. He appreciated NSIC for engaging in entrepreneurship development internationally while working with various developing countries. NSIC CMD Ravindra Nath presented a dividend cheque of Rs 15.19 crore for the year 2013-14 to the minister in the presence of MSME secretary and other officials of the ministry and NSIC.
Speaking on the occasion of ‘Dividend Paying Ceremony’ of National Small Industries Corporation (NSIC), a Mini Ratna company under the Ministry of MSME, Mishra expressed happiness over NSIC’s facilitation to the MSME sector specially when there are stiff challenges being faced by the sector. The Minister also urged that more and more MSMEs shall be served through NSIC in the coming years.
The Union minister also applauded the role of NSIC in providing integrated support services to MSMEs with respect to marketing, technology, credit and information support. He appreciated the fact that NSIC has been supplementing the availability of raw material at competitive rates to a large number of MSMEs all over the country.
Mishra also appreciated NSIC’s efforts through its Rapid Incubation Programme in contributing towards entrepreneurship development by transforming the youth in the country from ‘berojgar to swarojgar’. MSME Secretary Madhav Lal, complemented NSIC on providing integrated support to MSMEs within the country. He appreciated NSIC for engaging in entrepreneurship development internationally while working with various developing countries. NSIC CMD Ravindra Nath presented a dividend cheque of Rs 15.19 crore for the year 2013-14 to the minister in the presence of MSME secretary and other officials of the ministry and NSIC.