Union Minister Jitan Ram Manjhi Launches Two New Schemes on World MSME Day in New Delhi

Tags: Government Schemes

Union Minister for Micro, Small and Medium Enterprises (MSME), Jitan Ram Manjhi, launched two new schemes on World MSME Day in New Delhi on June 27.

An Overview of the News    

• Majhi launched two new schemes MSME Team and Yashaswini Abhiyan.

• MSME Team:

  • Launched MSME Team initiative to facilitate inclusion of micro and small enterprises on Open Network for Digital Commerce (ONDC), with focus on women-owned enterprises.

  • It aims to help five lakh micro and small enterprises join the Open Network for Digital Commerce.

• Yashaswini Abhiyan:

  • Launched Yashaswini Abhiyan to formalise and empower women-owned micro enterprises through training, guidance and awareness campaigns.

  • Focuses on raising mass awareness to formalise informal micro enterprises owned by women and provide necessary support.

• During the Udyami Bharat event, Mr. Manjhi emphasized the importance of MSMEs adopting digital and technological solutions in a rapidly changing industrial landscape.

International MSME Day

• International Micro, Small and Medium Enterprises (MSME) Day or World MSME Day is observed across the world on 27 June every year.

• This year, the theme for MSME Day 2024 is “Leveraging Power and Resilience of Micro-, Small and Medium-sized Enterprises (MSMEs) to Accelerate Sustainable Development and Eradicate Poverty in Times of Multiple Crises.”

• The United Nations (UN) designated June 27 as Micro, Small and Medium-Sized Enterprises Day and this was done through a resolution passed in the United Nations General Assembly in April 2017.