Udyam Sangam 2018 All Set to Host Opportunities for Indian MSMEs

The Ministry of Micro Small & Medium Enterprises (MSME), is all set to organize National  Conclave (UdyamSangam) on 27^th June 2018 on the occasion of UN MSME Day. The purpose of the conclave is to encourage dialogue and partnership among various stakeholders of the MSME ecosystem and for promoting innovation and knowledge sharing on MSME related issues.

President of India, Ram Nath Kovind, will inaugurate the Conclave in Vigyan Bhawan. On this occasion, the Solar Charkha Mission of the Ministry will be launched by the President. The Mission will cover 50 clusters and every cluster will employ 400 to 2000 artisans. The Mission has been approved by the Government of India for which the MSME Ministry will disburse subsidy of Rs. 550 crores to the artisans. A Website of the Ministry will also be launched which will act as a bridge between the talent pool and those enterprises seeking trained manpower. Nearly one lakh fifty thousand persons have received training in the 18 State-of-the-art Technology Centres of the MSME Ministry last year.

Mr. AK Panda, Secretary, MSME Ministry gave a curtain raiser information to this mega event -- Udyam Sangam, in an interaction with SMEStreet's Faiz Askari. Mr. Panda mentioned the importance and relevance of Udyam Sangam by saying, “MSMEs in India holds the future of economic growth story. At the policymaking turf we understand the criticality of issues related to the MSMEs, that is the main reason that this government is committed towards MSMEs. The Udyam Sangam is an opportunity for MSMEs as well as us to establish a clear dialogue for better understanding of each other. More than 2000 MSME entrepreneurs have already registered for the event. In addition, there is a high amount of interest we are getting from the youth and have got more than 800 registrations from youth delegates who are seeking more information on Startup related policies and schemes.”

During the day long conclave there will be parallel, break-out sessions on various subjects. Stakeholders from grass root level, associations and other experts on the subject will deliberate upon a range of issues which include strategy to build a financial ecosystem of seed and growth capital of micro and small ventures, role of SMEs in Make-in-India programme, role of women-led enterprises for gender parity, role of GST in helping micro and small ventures, research and development of SMEs, role of infrastructure in the development of MSMEs, MSME knowledge services, MSME in health services and traditional medicines and market access development for MSMEs with special focus on Public Procurement Policy.

In order to develop a system for creating awareness about Government schemes, a session on communication and media will also be held.

The need for convergences of all government initiatives relating to MSME sector has always been emphasized. Udyam Sangam is a step forward towards consolidating that process. Udyam Sangam will be followed by a fortnight-long MSME Pakhwada called Udyam Lehar.

The UN General Assembly in its 74^th Plenary held on the 6^th April 2017 declared 27^th June as Micro, Small and Medium-sized Enterprises Day, recognizing the importance of Micro, Small and Medium-sized Enterprises in achieving sustainable development goals and in promoting innovation, creativity and sustainable work for all.