The National SC/ST Hub, under the MSME Ministry, was announced in the Budget. It will work towards strengthening market access/linkage, monitoring, capacity building, leveraging financial support schemes and sharing industry best practices.
Union Micro, Small and Medium enterprises (MSME) Minister Kalraj Mishra said the Narendra Modi government is keen to inculcate the spirit of self-employment among the SC/ST population and urged upon all stakeholders, especially industry associations, to take up the initiative in mission mode.
The hub would operate from National Small Industries Corporation (NSIC) Headquarters in Delhi, supported by a special cell created for this purpose.
It would also enable Central Public Sector Enterprises (CPSEs) to fulfil the procurement target set by the government. The Public Procurement Policy 2012 stipulates that 4 per cent of procurement done by Ministries, Departments and CPSEs would have to be from enterprises owned by SC/ST entrepreneurs.
Minister of State for MSME Giriraj Singh emphasised the need to work at the grassroot level and start work on a pilot basis with identified CPSEs in the districts having large presence of SC/ST entrepreneurs.
Disclaimer: No Business Standard Journalist was involved in creation of this content