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MSME Ministry launched ‘Digital MSME Scheme’, exchanged MoUs with SAP India, Intel and HMT

MSME Ministry launched 'Digital MSME Scheme', exchanged MoUs with SAP India, Intel and HMT_40.1
MSME Minister Mr. Kalraj Mishra has launched the Digital MSME Scheme and also exchanged three MoUs with SAP India, Intel and HMT. The United Nations has recently declared 27th June as the UN Day for MSMEs.

It has been celebrated for recognizing the importance of the crucial role that the sector plays both in terms of job creation and contribution towards economic growth. The MSME has a total budget of Rs. 85.705 Crore including Government of India’s contribution of Rs. 58.105 crore during 2017- 18 to 2019-20. 
International Trade Centre (ITC) has celebrated the first International MSME Day on June 27, 2017. The theme of MSME is ‘Small business – big impact’.”
Important Takeaways from Above News-
  • The move is in accordance with the government’s ‘Digital India’ initiative.

Source- The Hindu

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