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ASSOCHAM is optimistic about MSMEs

Updated: May 3, 2016 11:33 am

MSME can look forward to integrate themselves into the supply chains of Indian and international defence majors, said Union Minister Kalraj Mishra in a seminar on ‘Seminar on Financial Clinic for MSMEs,’ organised by The Associated Chambers of Commerce and Industry of India (ASSOCHAM).

The skill development ministry has made various announcements in this regard, but our ministry also has planned certain schemes. Our schemes are ‘zero defect, zero effect’ which means ‘doshmukt nirman’. Zero defect means environment friendly, added the Union MSME Minister.

SME investment leverages promising businesses to catalyze social-economic growth and entrepreneurship in local communities and markets. When done correctly and sustainability, such investment also produce significant returns for our investors.

Others who also spoke during the conference were Mr S Muhnot, CMD, Bank of Maharashtra, Mr S.N. Tripathi, Additional Secretary & Development Commissioner, Ministry of MSME, Government of India, Mr R. Narayan, Founder & CEO, Power2SME, Mr R.K. Dubey, Chief Mentor & President, Resurgent India Ltd. and CMA Rakesh Singh, Co-chairman, Uttar Pradesh Chapter, ASSOCHAM.

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