MSMEs Are the Backbone of India’s Economy; Laghu Udyog Bharati Committed to Resolving MSME Issues: Prakash Chandra

June 16, 2026
Kathua,
JAMMU AND KASHMIR

 

 

 

 

 

 

 

 

KATHUA, JUNE 13

Laghu Udyog Bharati, Jammu & Kashmir, organized a one-day interactive session at Kathua to discuss the issues being faced by MSMEs in Jammu & Kashmir and strengthen to the organizational structure of Laghu Udyog Bharati across the Territory. Union

The programme was organized by the Kathua Ikai of Laghu Udyog Bharati.

The programme started with the lighting of the traditional lamp and felicitation of dignitaries and concluded with the National Anthem.

Prakash Chandra, All India Sangathan Mantri (Organizing Secretary), Laghu Udyog Bharati, was the main guide of the programme.

The Kathua event was part of his five-day tour of the North-Western states. During this tour, he visited Bathinda in Punjab and subsequently Bhiwani, Hisar and Panipat in Haryana; Paonta Sahib, Kala Amb and Parwanoo in Himachal Pradesh; Chandigarh; and Patiala, Ludhiana, Phagwara and Batala in Punjab before reaching Jammu & Kashmir for the Kathua programme.

The programme was attended by Arvind Dhumal, National Vice President and Prabhari North Zone; Parveen Pargal, National Working Committee Member; Dinesh Gupta, President, Laghu Udyog Bharati J&K; Vivek Rathore, State

General Secretary, Punjab; Vikrant Sharma, North Zone Head, Mass Communication; Aagam Jain, State General Secretary, J&K; Ishant Gupta, State Treasurer, J&K and North Himalaya Zone Head, Mass Communication; and Manoj Goyal, President, Kathua Ikai.

Addressing the gathering, Prakash Chandra spoke about the glorious history of Bharat and explained why India was once known as the “Sone Ki Chidiya”. He said that today India is one of the fastest-growing economies in the world and is making rapid progress in semiconductors, technology, telecommunications and the space sector.

He said that earlier there was focus mainly on large industries, but during the tenure of former Prime Minister Atal Bihari Vajpayee Ji, a decision was taken in 2002 to give special attention to small industries,

which later led to the strengthening of the

ग भारती

व कश्श

the real MSME Ministry. He said MSMEs are backbone of the economy because they create employment opportunities and help in the of the development villages and small towns. Prakash Chandra said that Laghu Udyog Bharati was formed to understand the problems of MSMEs, raise them before appropriate authorities and work for their resolution.

He added that quality, productivity and cost control are essential for industries to remain competitive in the present business environment.

Arvind highlighted the history, Dhumal objectives and working style of Laghu Udyog Bharati. He said the is organization continuously connecting industries with new and technologies government schemes to strengthen the MSME sector.

He also spoke about organizational expansion of and the role entrepreneurs in nation-building.

a Parveen Pargal submitted memorandum highlighting various issues being faced by industries in Jammu & Kashmir.

He demanded extension of the NCSS package and immediate release of benefits to 602 industrial units which have already applied online and offline and made investments. He also demanded a fresh 10-year Central Package for micro, small and existing industries in Jammu & Kashmir.

He thanked the national leadership of Laghu Udyog Bharati for consistently supporting the issues of MSMEs in the region.

Dinesh Gupta introduced the life and contributions of Prakash Chandra and highlighted the activities of Laghu Udyog Bharati in Jammu & Kashmir. He also announced the new office bearers of Kathua Ikai, including Manoj Goyal as President, Rajinder Gupta as Senior Vice President, Rahul Jain as Vice President, Piyush Rastogi as General Secretary, Mohit Bhatia and Arun Sharma as Secretaries, and Nitish Kumar as Treasurer.

Ishant Gupta conducted the proceedings of the programme, while Manoj Goyal presented the vote of thanks. A large number of industrialists, entrepreneurs and members of Laghu Udyog Bharati participated in the and their programme expressed commitment towards strengthening the MSME sector and expanding the organization across Jammu & Kashmir.

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