New Delhi/ Srinagar, Jan 01, ANB: Micro, Small and Medium Enterprises (MSME) sector, with more than 6.30 crore enterprises, has emerged as a highly vibrant and dynamic sector of the Indian economy, fostering entrepreneurship and generating employment opportunities at comparatively lower capital cost, next only to agriculture.
According to the Associated News Bureau (ANB), the Ministry of MSME, Government of India, in collaboration with various organizations & institutes has pioneered initiatives that promote growth and development of the MSME sector, including Khadi, Village and Coir industries. These initiatives and programmes provide comprehensive support by focusing on key areas such as credit support, technological assistance, infrastructure development, skill development and training, enhancing competitiveness and market assistance.
The year 2024 has been marked by various milestone achievements by the Ministry of MSME, including the launch of new campaigns and initiatives, as well as collaborative MoUs with other countries for bilateral cooperation. It has been a remarkable year for the Ministry introducing several new programmes. Some of the key initiatives and achievements of the Ministry in the year 2024 are as under:
Prime Minister launched the PM Vishwakarma scheme on 17.09.2023, to provide end-to-end support to artisans and craftspeople of 18 trades who work with their hands and tools.(ANB)
