Manjhi Briefs VP on MSME Boost: How New Policies Create Jobs

Union Minister Jitan Ram Manjhi met with Vice President Radhakrishnan to discuss MSME sector policies. The briefing covered the vital role of small enterprises in job creation and economic development. Ministry officials outlined various initiatives supporting credit access and technological upgrades for businesses. The Vice President expressed appreciation for the growing budgetary support and successful implementation of schemes benefiting entrepreneurs across India.

Key Points: Manjhi Updates VP Radhakrishnan on MSME Job Creation Policies

  • Union Minister Manjhi detailed MSME's role in employment generation and economic growth
  • Ministry highlighted credit support and technological assistance for small businesses
  • VP commended success of PM Vishwakarma scheme delivering nationwide benefits
  • Focus on infrastructure development and market assistance for MSME competitiveness
3 min read

Manjhi briefs VP Radhakrishnan on MSME policies, jobs in sector

Union Minister Jitan Ram Manjhi briefs Vice President Radhakrishnan on MSME sector policies driving economic growth, job creation and entrepreneurship development nationwide.

"The Vice President appreciated the Ministry's efforts to bolster the MSME sector - Official Statement"

New Delhi, Nov 27

Vice President C. P.

Radhakrishnan was on Thursday briefed about the economic and job generation policies related to the Micro, Small and Medium Enterprises by Union Minister Jitan Ram Manjhi, an official said. During the meeting at Parliament House, the Vice-President was briefed on the MSME sector's vital role in economic growth, employment generation, entrepreneurship development, empowerment of people, and environmental sustainability, said an official in a statement.

Manjhi was accompanied by Minister of State Shobha Karandlaje, along with senior officials of the Ministry, it said.

The Ministry outlined its pioneering initiatives supporting the growth of the MSME sector, including Khadi, Village and Coir industries, with a focus on credit support, technological assistance, infrastructure development, skill development and training, enhanced competitiveness, and market assistance, said the statement issued on social media.

The Vice President appreciated the Ministry's efforts to bolster the MSME sector, expressed happiness over increased budgetary support and growing credit flow to entrepreneurs, and commended the success of PM Vishwakarma and other schemes in delivering benefits nationwide.

Earlier, Radhakrishnan interacted with the students and faculty of Rashtriya Military School, Ajmer, at Parliament House.

The Vice-President appreciated the rich legacy of the institution and commended the school for nurturing discipline, character, and leadership among young cadets for nearly a century.

He expressed his happiness at the rising number of girl students in the school and the increasing representation of women in the Armed Forces.

The Vice-President appreciated the students' enthusiasm to join the Armed Forces and urged them to pursue excellence with dedication, integrity, and a spirit of service to the nation.

On Wednesday, Radhakrishnan addressed the Constitution Day (Samvidhan Divas) commemoration function at the Central Hall of Samvidhan Sadan, highlighting the vision, values, and enduring legacy of India's Constitution.

Extending his greetings to all citizens, the Vice-President said that the contributions of the Drafting Committee and the Members of the Constituent Assembly fulfilled the hopes and aspirations of crores of Indians and laid the foundation for Bharat to emerge as the world's largest democracy.

He stated that from modest beginnings, India has risen to become the fourth-largest economy and is soon poised to become the third-largest, drawing global attention.

He added that in the last decade, 25 crore people have been lifted out of poverty, and more than 100 crore citizens have been covered under various social security schemes -- demonstrating that the impossible has been made possible.

- IANS

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Reader Comments

R
Rajesh Q
MSMEs are the backbone of our economy. Hope these policies actually reach the grassroots level. Too often, small entrepreneurs in villages don't get the benefits due to bureaucratic hurdles.
S
Sarah B
Impressive to see India's economic progress! From 25 crore people lifted out of poverty to becoming the 4th largest economy - these are remarkable achievements. The MSME focus will only accelerate this growth.
A
Ananya R
Love that they're focusing on Khadi and village industries! These traditional sectors need revival and can create so many jobs in rural areas. Jai Hind! 🙏
M
Michael C
While the initiatives sound good, I hope there's proper monitoring of how these funds are utilized. We need transparency in implementation to ensure benefits actually reach the intended entrepreneurs.
K
Kavya N
As a small business owner, I appreciate the focus on credit support and market assistance. The biggest challenge for MSMEs is accessing timely loans and finding customers. Hope these policies make a real difference! 💼

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