National SC-ST Hub Mega Conclave

Why is in news? National SC-ST Hub Mega Conclave for Creation of Awareness among SC-ST Enterprenuers at Aizawl, Mizoram

The Ministry of Micro, Small & Medium Enterprises (MSME), Government of India organized National SC-ST Hub (NSSH) Conclave at Dawrpui Multipurpose Centre, Aizawl, Mizoram on 15th October 2022 to promote entrepreneurship culture and spread awareness of the NSSH Scheme and other Schemes of the Ministry.

The programme provided an interactive platform for aspiring and existing SC-ST entrepreneurs to interact with CPSEs, lending institutions, GeM, RSeti, etc.

It also witnessed the participation of CPSEs like Food Corporation of India, Power Grid Corporation Limited, North Eastern Electric Power Corporation Ltd. who gave presentations on their vendor empanelment process and details of products/services to be procured.

The program also had financial institutions such as UCO Bank, State Bank of India, North Eastern Development Finance Corporation (NEDFi) which detailed various lending schemes pertaining to the MSME sector.

Other government organizations like GeM, RSETI etc. also participated in the program and presented their various schemes to assist MSMEs.

The program also had facilitation desks of UDYAM Registrationand GeM for facilitating registrations of SC/ST MSE participants on the spot.

Nurturing the MSME sector is important for the economic well-being of the nation. Government is consistently working to empower MSMEs for sustainable growth and to become compatible in the global value chain.

These types of State level conclaves assist SC/ST MSMEs to expand their horizons by incorporating new ideas as they become aware of the various interventions given by the Government.

UDYAM Registration:

It was launched on 1st July, 2020.

It’s an online system for registering MSMEs, launched by the Union MSME ministry.

MSME registration process is fully online, paperless and based on self-declaration. No documents or proof are required to be uploaded for registering an MSME.

Further, it is linked to the databases of the Central Board of Direct Taxes(CBDT) and Goods and Services Tax Network (GSTN). 

Udyam registrations are essential for MSMEs to utilize the benefits of schemes for the Ministry of MSME and for Priority Sector Lending from banks.

Also, MSMEs contribute to the GDP, exports, and employment generation of the country.

New Initiatives: The MSME ministry signed MoUs with the Ministry of Tourism and the National Small Industries Corporation for the sharing of Udyam data.

Further, the Digi locker facility for Udyam registration would be linked.