MSME event: Narendra Modi to launch two schemes in Ludhiana | punjab$ludhiana | Hindustan Times
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MSME event: Narendra Modi to launch two schemes in Ludhiana

punjab Updated: Oct 18, 2016 12:18 IST
HT Correspondent

Union ministers Kalraj Mishra (centre) and Giriraj Singh (right) during a press conference at PAU in Ludhiana on Monday.(HT Photo)

Prime Minister Narendra Modi will launch two schemes National SC/ST Hub and Zero Defect Zero Effect scheme during his one-day visit to Ludhiana on Tuesday.

Kalraj Mishra, Union minister for micro small and medium enterprises (MSME) and Giriraj Singh, minister of state for the same ministry while addressing a press conference on Monday said Modi will announce two schemes during the event being held at Punjab Agricultural University (PAU).

Mishra said that the SC/ST Hub will provide support to entrepreneurs from SC and ST community that will help them in public procurement. He added that Modi is keen to inculcate the spirit of self-employment among the SC / ST population. “To enable the SC and ST population to have a decent living, this scheme would be announced,” added Kalra.

The minister further said that the MSME ministry has made an initial allotment of `490 crore for the national SC/ST hub for 2016-2020.

“The hub will primarily aid in strengthening market access/linkage, monitoring, capacity building, leveraging financial support schemes and sharing industry best practices. The hub would also operate from National Small Industries Corporation (NSIC) headquarters in Delhi, supported by a special cell created for this purpose,” he said.

Giriraj said that another scheme Zero Defect Zero (ZED) Effect will enable the MSMEs to evolve and grow by providing them adequate training and funding to move up the value chain and produce quality products. “The ZED model will sensitise MSMEs to emphasise on the delivery of high quality products with zero defects,” said Giriraj.

He said clean energy will be an important aspect of the model. “Enterprises will be encouraged and hand-held to adopt clean technology into their processes to attain a sustainable growth trajectory, ”he explained.

There will be sector-specific assessment parameters for each industry such as food processing, textiles, leather and auto parts for the ZED scheme.