NEW DELHI: PM Narendra Modi on Thursday inaugurated the 'Udyami Bharat' programme, at the Vigyan Bhawan in Delhi. On the occasion the PM also launched a Rs 6,000 crore 'Raising and Accelerating MSME Performance' (RAMP) scheme and also launched the Capacity Building of First-Time MSME Exporters (CBFTE) scheme to encourage exports of products and services.
Speaking at the programme, the PM said that MSMEs will help take forward the Atma Nirbhar Bharat programme. He said that they will help bring about a self-reliant India. He exhorted small entrepreneurs to register themselves on the GEM portal for supplying goods to the government.
The government has increased the budget allocation for the MSME sector by almost 650 per cent in the last 8 years, informed the PM. He said that this was to strengthen the Micro, Small and Medium Enterprises (MSME) sector. According to the PM, 'If any industry wants to grow, expand, then the government is not only supporting it, but is also making necessary changes in the policies."
The turnover of Khadi and Village Industries has crossed Rs 1 lakh crore for the first time and Khadi sales have increased four times in the last eight years, said the PM.
The Prime Minister also launched new features of the 'Prime Minister's Employment Generation Programme', on the occasion.
(With agency inputs)
