Shri Narayan Rane launches ‘CHAMPIONS 2.0 Portal’, ‘Mobile App for Geo-tagging of Cluster Projects, Technology Canter’s and ‘MSME Idea Hackathon 3.0’ for women entrepreneurs
Contents News/Article Date:27th June 2023
Relating to which Act: Micro, Small and Medium Enterprises Development Act, 2006
Applicable to which State: All the Members of SMEs in various States/UTs
Type: The Union Minister for Ministry of Micro, Small & Medium Enterprises, Shri Narayan Rane graced the occasion as Chief Guest of the programme along with the Union Minister of State for Micro, Small & Medium Enterprises, Shri Bhanu Pratap Singh Verma as Guest of Honor.
Pertains to: SMEs registered under the MSME Act.
Relevance of this news: Karma Global is a notable member of MSME for over a decade. Karma Global does a lot of compliance and legal work for several small and medium MSME Enterprises about payroll, staffing, labour laws, HR services, training and so no.
Karma Global also offers Shops and Factory Compliance Services such as:
- Renewal/ Exemption Certificates. …
- Maintenance of Statutory Record. …
- Compliances on Health, Safety and Welfare Measures. …
- Approval for Factory Building Plan. …
- Determination of Wages and Working Hours. …
- Vendor Audit and Surveys. …
- Factory Inspections. …
- Statutory Disclosures, Notices & Notifications.
In the current instance: The event showcased the launch of various initiatives of the Ministry of MSME, dedicated towards the growth and development of MSMEs such as ‘CHAMPIONS 2.0 Portal’ and ‘Mobile App for Geo-tagging of Cluster Projects and Technology Canter’s by the Chief Guest and Guest of Honor. Further, results for ‘MSME Idea Hackathon 2.0’ were declared and ‘MSME Idea Hackathon 3.0’ for women entrepreneurs was launched.
Addressing the gathering, Shri Narayan Rane emphasized the importance of MSMEs in the country’s GDP and exports and expressed hope that MSMEs will contribute to 50% of the country’s GDP by 2030. He congratulated all stakeholders on the event’s success and urged everyone to take steps towards making India a USD 5 trillion economy.
Appreciating the role of Indian MSMEs in the growth of the country’s economy, Shri Bhanu Pratap Singh Verma highlighted, that since 2014, India’s GDP ranking has seen a significant jump from 10th to 5th position.
In the last instance: Rule 3 of the Aadhar Authentication for Good Governance (Social, Welfare, Innovation, Knowledge) Rules 2020 (referred to as the Aadhar Authentication Rules) empowers the central Government (in the Ministry of Electronics & Information Technology) to allow aadhaar authentication by requesting entities in the interest of good governance, preventing leakage of public funds, promoting ease of living of residents, and enabling better access to services for them, specified therein.
And whereas the Ministry of Micro, Small and Medium Enterprises submitted a proposal as required under rule 4 of the Aadhaar Authentication Rules to the Central government and the said Central government vide its communication dated 28th March 2023 has authorized the Ministry of Micro, Small and Medium Enterprises to perform Aadhaar Authentication for the purposes mentioned therein.
In the last instance: The MSME Awards celebrated the success and resilience of the sector by recognising the exceptional performance of such enterprises in various categories.
Talking about how the government has ensured MSMEs chart their way ahead successfully, Union MoS for Micro, Small and Medium Enterprises (MSME) Bhanu Pratap Singh Verma said the government has given out approximately Rs 3.7 lakh crore out of the Rs 5 lakh crore earmarked for the sector under the Emergency Credit Line Guarantee Scheme (ECLGS).
Subject: The Ministry of Micro, Small and Medium Enterprises(MSME) has notified that Aadhaar authentication of enterprises is to be performed on a voluntary basis via issuing a Notification.
Appended is the complete news item
Shri Rane emphasized the importance of MSMEs in the country’s GDP and exports and expressed hope that MSMEs will contribute to 50% of the country’s GDP by 2030
On the occasion of International MSME Day, The Ministry of Micro, Small & Medium Enterprises, MSME celebrated ‘Udyami Bharat-MSME Day’ here today.
The Union Minister for Ministry of Micro, Small & Medium Enterprises, Shri Narayan Rane graced the occasion as Chief Guest of the programme along with the Union Minister of State for Micro, Small & Medium Enterprises, Shri Bhanu Pratap Singh Verma as Guest of Honor.
The event showcased the launch of various initiatives of the Ministry of MSME, dedicated towards growth and development of MSMEs such as ‘CHAMPIONS 2.0 Portal’ and ‘Mobile App for Geo-tagging of Cluster Projects and Technology Canter’s by the Chief Guest and Guest of Honor. Further, results for ‘MSME Idea Hackathon 2.0’ were declared and ‘MSME Idea Hackathon 3.0’ for women entrepreneurs was launched.
Addressing the gathering, Shri Narayan Rane emphasized the importance of MSMEs in the country’s GDP and exports and expressed hope that MSMEs will contribute to 50% of the country’s GDP by 2030. He congratulated all stakeholders on the event’s success and urged everyone to take steps towards making India a USD 5 trillion economy.
Appreciating the role of Indian MSMEs in the growth of the country’s economy, Shri Bhanu Pratap Singh Verma highlighted, that since 2014, India’s GDP ranking has seen a significant jump from 10th to 5th position.
On this occasion, both the Union Ministers motivated entrepreneurs by distributing certificates to Gold and Silver ZED-certified MSMEs. During the event, a 400 crore Margin Money subsidy was also released digitally to 10,075 beneficiaries of the new Prime Minister’s Employment Generation Programme (PMEGP) units.
The event also included the signing of MoUs between the following organizations.
- Ministry of MSME and SIDBI, to create a portal for ‘PM Vishwakarma KAushal Samman’ (PMVIKAS) by SIDBI.
- Ministry of MSME and GeM, with the objective of sharing Udyam Registration data with GeM for last mile registration of MSMEs in the Public Procurement eco-system
- Ministry of MSME and the Industry Department, Government of Tripura, for sharing of Udyam Registration data through API, easing policy making and targeted distribution of scheme benefits.
- Ministry of MSME and Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) for giving guarantee coverage to the beneficiaries of the MSME sector
- National Small Industries Corporation (NSIC) National Scheduled Castes Finance and Development Corporation (NSFDC) & National Scheduled Tribes Finance and Development Corporation (NSTFDC), to promote mutual collaboration for supporting SC/ ST entrepreneurs under the National SC-ST Hub and various schemes being implemented by NSFDC and NSTFDC.
- NSIC, LG Electronics India Private Limited, and Electronics Sector Skill Council of India to establish a Centre of Excellence (CoE) by LG Electronics in NTSC Chennai and Hyderabad.
The programme highlighted the schemes and initiatives of the Ministry of MSME. It showcased and celebrated the efforts of the Ministry towards improving the business environment for MSMEs and encouraged MSMEs to adopt sustainable practices.