Underlining the efforts being taken to boost growth of the micro, small and medium enterprises (MSMEs), the Union Minister of State for MSME Bhanu Pratap Singh Verma has said that all arms of the Government are working in close synchronization to ensure that entrepreneurs having tech-focused enterprises do not face any bottlenecks in their ventures.
Further, describing entrepreneurs as the ‘wealth creators’ for the economy, Verma stated that his Ministry is engaged in continuous endeavours to ensure that technology enterprises have access to all the necessary resources required for their growth.The minister also emphasized upon the need for international cooperation between MSMEs of different nations. Besides, he said that the International Cooperation Division of the Ministry was facilitating interaction between Indian entrepreneurs and their counterparts in different countries.
The minister also noted that to encourage international cooperation between various countries and the MSMEs in the country, Ministry of Micro, Small and Medium Enterprises (MSME) is implementing International Cooperation Scheme, a Central Sector Scheme. The scheme is in operation since its inception in 1996.