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Prime Minister Narendra Modi on Thursday launched schemes to support the Micro, Small, and Medium Enterprises (MSMEs) sector and to encourage exports.
Here Are The Key Highlights:
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Prime Minister Narendra Modi on Thursday launched a Rs 6,000 crore ‘Raising and Accelerating MSME Performance’ (RAMP) scheme.
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He also launched the ‘Capacity Building of First-Time MSME Exporters (CBFTE)’ scheme to encourage export of products and services.
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The government has increased budget by more than 650% in the last 8 years to strengthen the MSME sector, said Mr Modi.
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The Prime Minister said, the Government was making necessary policy changes to encourage the MSME sector, said the Prime Minister.
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The PM asked MSMEs to register on the GeM portal for supplying goods to the government.
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