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Saturday, November 27th, 2021

President Gives Away National Awards to Micro, Small & Medium Enterprises

INVC,, Delhi,, The President of India, Smt Pratibha Devisingh Patil presented the National Awards to the successful Micro, Small and Medium Enterprises(MSME) and also to the Banks for Excellence in Micro & Small Enterprises Lending, at a function here today. Congratulating all the winners of the National Awards the President said that she was “confident that this will encourage them, as well as other MSME enterprises to scale new frontiers. The contribution of MSMEs to the economic growth of countries is recognized worldwide. In India, these enterprises account for almost 45 percent of manufacturing output, 95 percent of the number of industrial units and 40 percent of exports. Clearly they are engines of growth providing employment to almost 60 million people, making it the largest source of employment after the agriculture sector”. The President urged MSMEs “to constantly look at ways and means to be more productive, as also adopt better quality controls. In this context, I believe that it is important to address the concerns and constraints of the sector through a constructive approach, so as to realize their robust growth and development, a vision that traces its legacy to the Father of the Nation and our first Prime Minister”. Lauding the call centre of the Ministry of MSME – ‘Udyami Helpline’ the President says, “this is a single point facility to provide information to enterprises on various schemes of the Government for promoting MSMEs, including guidance on how to set up an enterprise and access loans. Such outreach facilities are important for a sector that has a wide dispersal across the country”. The President called upon the MSMEs, especially of the traditional sector to employ cost effective technologies, especially in sectors like the coir industry, which employs about 5.5 lakh persons, many of whom are women in the coconut growing states of the country. She further added, “it is undeniable that technology and innovations are game changers, being the key determinants of increasing productivity through improvement in skills, better capital equipment and better systems”. Urging the banks to give special attention in providing credit to MSMEs the President said, “availability of adequate credit is paramount to the success of the micro and small enterprises. It must be kept in mind that it is the vulnerable unorganized enterprises which are still perceived as risky by financial institutions, and suffer the greatest constraint in access to credit, because of the very nature of operations, especially of the traditional cottage industries. Timely financial support is absolutely essential for their survival, failing which they face the threat of extinction. I urge banks to give special attention to this aspect”. Speaking on the occasion, Shri Dinsha Patel, Minister of State (Independent Charge) for Micro, Small & Medium Enterprises said, “MSME sector, including Khadi & Village Industries, has shown continued dynamism in terms of growth in number of enterprises, production, employment generation and overall contribution to the country’s manufacturing output and exports. It constitutes the breeding ground of entrepreneurship, often driven by individual creativity and innovation”. Giving an overview of the several schemes to support the needs of the enterprises in matters relating to credit, technology, marketing and other forms of development. The Minister said, “we have launched a number of schemes under the National Manufacturing Competitiveness Programme (NMCP). We have also revised the guidelines for the Cluster Development Scheme to make it more attractive to the MSE sector generally. Special provisions have been kept for micro enterprises, women entrepreneurs, SC/ST entrepreneurs and enterprises located in backward areas and urged the entrepreneurs to avail of the benefits of these schemes in a fruitful manner”. He emphasized on the role of State Governments as proactive partners in materializing all the programmes of the Ministry and of the associations which perform the most important function of acting as effective bridge between Government and Enterprises in formulation and implementation of various schemes. The Minister also praised the Khadi, Village and Coir enterprises and the National Small Industries Corporation (NSIC) for playing a pivotal role for supporting Micro and Small Enterprises in the country. Recognizing the outstanding contribution to MSME sector and to encourage creative entrepreneurship, the Ministry of Micro, Small and Medium Enterprises gives away the National Awards annually to selected entrepreneurs and enterprises. And with a view to encourage the Banks to enhance credit flow to the MSE Sector, the Awards are given to best performing Banks in the area of credit. The National Awards Function is organized by the four important organisations under the Ministry of MSME, namely Office of the Development Commissioner (MSME), National Small Industries Corporation (NSIC), Khadi and Village Industries Commission (KVIC) and Coir Board. Shri Dinesh Rai, Secretary (MSME), Chairperson, Khadi and Village Industries Commission, Ms. Kumud Joshi, Shri Madhav Lal, AS & DC (MSME), Shri Saurabh Chandra, AS & FA, Shri V.S. Vijayaraghavan, Chairman, Coir Board, Shri H. P. Kumar, CMD, NSIC and other senior officials of the Ministry, KVIC, NSIC, Coir Board were also present on the occasion. [caption id="attachment_17934" align="alignleft" width="150" caption="The President, Smt. Pratibha Devisingh Patil presenting the National Award (First Prize in Services) to Shri Ajay Kumar Gupta for outstanding entrepreneurship in Micro, Small and Medium Enterprises, at the presentation of the National Awards-2009 for Micro, Small & Medium Enterprises, in New Delhi on August 31, 2010. The Minister of State (Independent Charge) for Micro, Small and Medium Enterprises, Shri Dinsha J. Patel is also seen."]The President, Smt. Pratibha Devisingh Patil presenting the National Award (First Prize in Services) to Shri Ajay Kumar Gupta for outstanding entrepreneurship in Micro, Small and Medium Enterprises, at the presentation of the National Awards-2009 for Micro, Small & Medium Enterprises, in New Delhi on August 31, 2010. 	The Minister of State (Independent Charge) for Micro, Small and Medium Enterprises, Shri Dinsha J. Patel is also seen.[/caption]

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