President Inaugurates Udyam Sangam-2018 To Mark UN SME Day

President of India, Ram Nath Kovind inaugurated the Udyam Sangam-2018 in New Delhi. It is a step forward towards consolidating the convergence and synergy of all the government initiatives relating to MSME Sector. The President of India launched the Solar Charkha Mission which will cover 50 clusters and every cluster will employ 400 to 2000 artisans.

The Mission has been approved by the Government of India for which the MSME Ministry will disburse subsidy of Rs. 550 crores to the artisans. A portal of the Ministry of MSME called “Sampark” was also unveiled by the President. This portal will act as a bridge between the talent pool and those enterprises seeking trained manpower. 

Source- Press Information Bureau (PIB)

Static/Current Takeaways Important for SBI PO/Clerk Exam 2018-
  • The UN General Assembly in its 74th Plenary held on the 6th April 2017 declared 27th June as Micro, Small and Medium-sized Enterprises Day.