Shri Narayan Rane says Government is committed to achieve the goals of holistic development and self-reliance of MSMEs

Jun 28, 2022 | Business


Union Minister for MSME Shri Narayan Rane has said under the able leadership of  Prime Minister Shri Narendra Modi MSME Ministry is committed to achieve the goals of holistic development and self-reliance of MSMEs. In his message on the occasion of International MSME Day he said while recovering from the adverse conditions arising out of the Covid-19 pandemic and the subsequent Ukraine war, the MSME sector not only digitized its business operations but also cut downed their input cost and started a new tradition by domestically producing essential products curtailing import and also started export of those products with the support of various schemes of the Government. He said during this time, MSMEs focused their online services to reach the wider market, consequently they have been able to overcome the adversity.


 Shri Rane said MSMEs are the backbone of the Indian economy and global sustainable developments. MSMEs are contributing in providing livelihood opportunities to local communities. To achieve these goals and encourage innovation, “International MSME Day” is celebrated every year on 27 June under the auspices of the United Nations.


The Minister said this year MSME Day is being celebrated under the theme “Resilience and Rebuilding: MSMEs for Sustainable Development”. World MSME Day serves to remind the Governments to maintain a business environment in which small rural, cottage and traditional industries also get the opportunity to flourish, he added.


Shri Rane conveyed Hearty Congratulations and Best Wishes to all the MSMEs who have become an integral part of every citizen’s life.


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Shri Narayan Rane launches MSME Sustainable (ZED) Certification Scheme, interacts with Principal Secretaries of States/UTs on synergizing efforts, developing focused approach to prepare MSME ecosystem for the future.

Apr 28, 2022 | Business


Union Minister for Micro, Small and Medium Enterprises Shri Narayan Rane  today launched the MSME Sustainable (ZED) Certification Scheme. In his address, the Minister said that ZED has the potential to become a national movement and that it aims to provide a roadmap to global competitiveness for the MSMEs of India. He added that ZED will not only attempt to improve productivity & performance, it has the capability to change the mind-set of manufacturers and make them more environment conscious.





This Scheme is an extensive drive to enable and facilitate MSMEs adopt Zero Defect Zero Effect (ZED) practices and motivate and incentivize them for ZED Certification while also encouraging them to become MSME Champions. Through the journey of ZED Certification, MSMEs can reduce wastages substantially, increase productivity, enhance environmental consciousness, save energy, optimally use natural resources, expand their markets, etc.


Under the Scheme, MSMEs will get subsidy as per the following structure, on the cost of ZED certification:


  • Micro Enterprises: 80%

  • Small Enterprises: 60%

  • Medium Enterprises: 50%


There will be an additional subsidy of 10% for the MSMEs owned by Women/SC/ST Entrepreneurs OR MSMEs in NER/Himalayan/LWE/Island territories/aspirational districts. In addition to above, there will be an additional subsidy of 5% for MSMEs which are also a part of the SFURTI OR Micro & Small Enterprises – Cluster Development Programme (MSE-CDP) of the Ministry. Further, a limited purpose joining reward of Rs. 10,000/- will be offered to each MSME once they take the ZED Pledge


A provision of up to Rs. 5 lakh(per MSME) will be made available for handholding and consultancy support for MSMEs under ZED Certification for assisting them to move towards Zero Defect Zero Effect solutions. The MSMEs can also avail a number of other incentives offered for ZED Certification by States & UTs, Financial Institutions etc. and can also apply for free Certification under the MSME KAWACH (COVID-19 Support) initiative.





Shri Rane and Minister of State for MSME, Shri Bhanu Pratap along with the ministry officials also interacted with the principal secretaries and officers of the States/UTs for higher synergy and coordination on policy, promotions and planning for the MSME Sector.


 Shri Rane, appreciated the commendable efforts undertaken by the States/UTs as they devise various programmes and policies for MSMEs in their region to accomplish the common goal of developing the MSMEs. He also mentioned that “it is imperative to develop the strategic roadmap to increase the outreach of the interventions and fast-track the last mile Entrepreneurship”.


The interaction meeting was leveraged for knowledge-sharing, exchange of innovative ideas/information, dissemination of success stories/best practices for the benefit of MSMEs across the nation and also for the mitigation of the issues faced by the States/UTs


During the session, States/UTs highlighted challenges, assistance required and ideas/ success stories to learn from each other, efforts to amplify the reach of the State’s interventions, leverage Centre Government schemes more effectively to accelerate the State’s output and create employment opportunities.


Ministry of MSME serves to promote, develop and handhold MSMEs across sectors and States. The Ministry runs more than 20 different schemes such as PMEGP, SFUTI, MSE-CDP, RAMP Scheme, ATI, Udyam Registration, etc. schemes to offer support and strength in the areas of access to finance, market linkages, technology upgradation, capacity building, innovation/ideation and industrial infrastructure development etc.


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Shri Narayan Rane inaugurates “Enterprise India” a month long initiative to promote entrepreneurship culture in the country

Apr 28, 2022 | Business


Union Minister for Micro ,Small and Medium Enterprises Shri Narayan Rane  today inaugurated the Ministry’s Mega Event: “Enterprise India” under the celebrations of Azadi Ka Amrit Mahotsav. “Enterprise India” is a series of commemorative entrepreneurship development events and activities being organised from 27.04.2022 up to 27.05.2022 to promote entrepreneurship culture and create awareness about the schemes and initiatives of Ministry of MSME across the country. The event is aimed at ‘Jan Bhagidari’ and some of the key activities include conferences with Industry Associations, organizing Entrepreneurship Awareness Programmes through Field offices, demonstration of Nukkad Nataks in Aspirational Districts, special campaigns on Udyam Registration, launch of MSME Sustainable Zed Certification Scheme, conducting ‘MSME Expedition’ in several States, organising MSME Mega Convention and Exhibition.



Presiding over the meeting with industry associations Shri Rane said that interaction with the MSME industry Associations will surely bring out some fruitful way forward for existing schemes, policies, programmes as well as to formulate relevant new initiatives in due course of time. The Minister  highlighted the significant role of MSMEs in promoting entrepreneurship and importance of Industry associations in making country a “Manufacturing Hub”


The Minister discussed issues pertaining to the sector and schemes regarding Aatma Nirbhar Bharat and making India a 5 trillion dollar economy. He reiterated that MSMEs are growth accelerators making a significant contribution to GDP and need to be strengthened.He said the country can be made self-reliant by development of MSMEs. The interaction with the MSME industry Associations brought out constructive suggestions to make the MSME sector vibrant.


Shri Bhanu Pratap Singh Verma, State Minister of MSME  graced the occasion.  Senior officers of Central Government, office bearers of different industry associations and other delegates also attended the meeting. The aim of the event is to create synergy between the Industry Associations and various Ministries/Departments concerned.


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Shri Narayan Rane, Union Minister for MSME launched Special Credit Linked Capital Subsidy Scheme (SCLCSS) for Services Sector.

Nov 19, 2021 | Business

On the second day of MSME North East Conclave, Union Minister for MSME, Shri Narayan Rane today launched the Special Credit Linked Capital Subsidy Scheme (SCLCSS) for services sector in the presence of senior officers of the Ministry of MSME at Guwahati.  The scheme will help in meeting the technology related requirements of enterprises in the services sector and has a provision of 25% capital subsidy for procurement of Plant & Machinery and service equipments through institutional credit to the SC-ST MSEs without any sector specific restrictions on technology upgradation

Shri Rane also felicitated SC/ST Entrepreneurs of the North-eastern region and urged the youth to take up the entrepreneurship to become job givers than job seekers. Shri Rane assured the youth that no stone will be left unturned by the Ministry of MSME in their journey to become successful entrepreneurs. He emphasized that inclusive growth of MSME Sector is complete only with the contribution from North-East. He stated that favorable policies of the Government of India and different schemes/programmes implemented by Ministry of MSME, specially for marginalized sections of the society, are helping the region to realize its full potential.

Shri Rane also awarded certificates to the successful trainees of the NSIC Training Center, Guwahati and visited the Stalls of SC-ST entrepreneurs at the Exhibition Centre supported by Ministry of MSME. He stated that such activities provide an opportunity to MSME entrepreneurs, especially women and SC/ST entrepreneurs to show-case their skill/products and create new opportunities for growth and attain self-reliance.

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Shri Narayan Rane emphasizes on important role of MSME sector in job creation and expanding manufacturing base

Nov 19, 2021 | Business

Union Minister for MSME Shri Narayan Rane said that the MSME sector plays a significant role in terms of job creation and expanding manufacturing base. Speaking at the North East MSME Conclave in Guwahati today he saidcurrently the sector consists of over 6 crore units employing over 11 crore people and is a seminal contributor to the economic growth with over 30% of contribution to GDP and over 49% of overall exports from India.

Shri Rane said India can develop only when we develop the North-east and it is also the topmost priority of the Ministry of MSME.He also stated that the correlation between the Indian economy and the MSME sector’s performance has never been more aligned. This would continue to grow even closer in the upcoming years.The Minister said given the impact of MSMEs on our economy, it is imperative that push is given to promote entrepreneurship amongst the youth and allow them to play an integral role in development of Indian economy thereby realizing the dream of 5 trillion economy.

Ministers from the State Governments of North Eastern States, who attended the Conclave, also emphasized that such conclaves will help the Region in its efforts towards encouraging entrepreneurship and enhancing competitiveness of the sector in the changed economic scenario. This would also help in developing understanding about the schemes implemented by the Ministry of MSME as well as initiate a dialogue with the State Governments and other stakeholders that would help in better planning and execution of policies for the sector.

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