National SC/ST Hub to be launched on 8th October 2016 in Ludhiana
Presently, less than 0.5 per cent of total procurement of goods and services of CPSEs is made from enterprises owned by SC/ST. National SC/ST Hub under the Ministry of MSME will be launched soon. This will promote the SC/ST entrepreneurs. In this regard, a National High Power Committee meeting headed by Shri Kalraj Mishra, Union Minister for MSME was held, to review the progress of the National SC/ST Hub.
The Hub will provide mentoring and hand holding support to SC/ST entrepreneurs involving ex-bankers, industrialists, industry associations and other bodies for mentoring on the lines of similar scheme in NITI Aayog, besides policy advocacy with states for public procurement and development schemes.
It will also facilitate credit linkages for SC/ST entrepreneurs SC/ST entrepreneurs. The objective of the scheme is to promote "enterprise culture" amongst the SC/ST population.
It would also enable Central Public Sector Enterprises (CPSEs) to fulfill the target, which the Government has kept for procurement by them. The Public Procurement Policy 2012 stipulates that 4 per cent of procurement shall be done by Ministries, Departments and CPSEs from the enterprises owned by SC/ST.
Presently, less than 0.5 per cent of total procurement of goods and services of CPSEs is made from enterprises owned by SC/ST. National SC/ST Hub under the Ministry of MSME will be launched soon. This will promote the SC/ST entrepreneurs. In this regard, a National High Power Committee meeting headed by Shri Kalraj Mishra, Union Minister for MSME was held, to review the progress of the National SC/ST Hub.
The Hub will provide mentoring and hand holding support to SC/ST entrepreneurs involving ex-bankers, industrialists, industry associations and other bodies for mentoring on the lines of similar scheme in NITI Aayog, besides policy advocacy with states for public procurement and development schemes.It will also facilitate credit linkages for SC/ST entrepreneurs SC/ST entrepreneurs. The objective of the scheme is to promote "enterprise culture" amongst the SC/ST population.
It would also enable Central Public Sector Enterprises (CPSEs) to fulfill the target, which the Government has kept for procurement by them. The Public Procurement Policy 2012 stipulates that 4 per cent of procurement shall be done by Ministries, Departments and CPSEs from the enterprises owned by SC/ST.
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