Minister Manjhi Launches New Schemes On World MSME Day

Union Minister for Micro, Small and Medium Enterprises (MSME), Jitan Ram Manjhi, launched two new schemes on World MSME Day in New Delhi. The MSME TEAM Initiative aims to facilitate five lakh micro and small enterprises for Open Network for Digital Commerce. 

Meanwhile, the Yashasvini campaign focuses on mass awareness to formalize women-owned informal micro enterprises and provide necessary support and assistance. Addressing the Udyami Bharat event, Mr.



Manjhi emphasized the importance of inclusive and focused efforts, particularly in rural and remote areas. 

He highlighted that legal reforms in the MSME sector, as part of ongoing government reforms, will act as a catalyst for growth. Speaking to the media, Mr. Manjhi stressed that development for individuals from the most economically disadvantaged backgrounds is contingent upon fostering entrepreneurship.