Government support, initiatives to further strengthen MSME sector: Narayan Rane
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Union Minister for Micro, Small and Medium Enterprises (MSMEs) Narayan Rane has said that the MSME sector has achieved a significant milestone by generating over 15 crore employment opportunities. He further stated that this significant milestone is a testament to the resilience and dedication of MSMEs. The government's continued support and initiatives will further strengthen the MSME sector, contributing to India's economic growth and prosperity.
The Minister highlighted the important role of the Udyam portal in facilitating this achievement with the registration of over 3 crore MSME units on the Udyam portal, including 99 lakh informal MSME units registered on the Udyam Assist portal. Out of these 3 crore registered MSMEs, more than 41 lakh are women owned MSMEs.
Rane also emphasized the significant contribution of women workers in the MSME sector. He noted that among the 15 crore employment opportunities generated, over 3.4 crore are held by women. He said this reflects the government's commitment to promote women entrepreneurship and empower women through the MSME sector.
Attributing this success to the visionary leadership of Prime Minister Narendra Modi, whose unwavering support for the MSME sector has been instrumental in its growth and development, Rane added that under the Prime Minister's guidance, the MSME Ministry is actively promoting micro, small, and medium entrepreneurs, creating new livelihoods and empowering individuals across the country.
