Productive Meeting between MSME Secretary Shri S.C.L. Das and Laghu Udyog Bharati Representatives
A constructive dialogue was held between Shri S.C.L. Das, Secretary of the Ministry of Micro, Small & Medium Enterprises (MSME), and representatives from Laghu Udyog Bharati. The discussions centered around:
Key MSME Priorities for Union Budget 2024
The meeting highlighted critical priorities for the upcoming Union Budget, including:
- Measures to simplify NPA classifications for MSMEs.
- Enhanced support mechanisms for MSMEs affected by global trade disruptions.
- Implementation of insurance surety as an alternative to traditional bank guarantees to ease financial constraints.
Invitation to the Rising Rajasthan Summit 2024
The representatives extended an invitation to the MSME Secretary for the Rising Rajasthan Global Investment Summit scheduled from December 9-11, 2024, in Jaipur. The summit will provide a platform to showcase investment opportunities, discuss MSME growth strategies, and promote entrepreneurial ventures in Rajasthan.
This meeting exemplifies the shared commitment to building a robust and resilient MSME ecosystem. By addressing key challenges and leveraging opportunities, both parties aim to drive sustainable growth and strengthen the backbone of the Indian economy.
