India to launch e-commerce portal “Bharatcraft” for MSME’s

Union Government is planning to launch an e-commerce portal named “Bharatcraft” for MSME’s. The portal is based on other e-commerce portals like ‘Alibaba’ and ‘Amazon’. The portal will provide a platform for MSMEs to market and sell their products and in turn boost the sector. As per the MSME Union Minister, the Bharatcraft portal has a huge potential to generate revenue worth ₹10 lakh crore in next 2-3 years.

Static/Current Takeaways Important For IBPS RRB PO Mains:

  • Union Minister of Micro, Small and Medium Enterprises: Nitin Gadkari.

Source: The Live Mint

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