Android app for MSME Sector rolled out by Minister Kalraj Mishra

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE


Union Minister Kalraj Mishra has launched an Android application, especially prepared for the MSME sector by the  PHD Chamber of Commerce & Industry, during the inauguration of 2nd Innovation Summit – 2014.

This Android App called the  PHD-MSME App. The App has been developed with the help of the students of Delhi University.

It provides solutions to budding entrepreneurs and existing MSME entrepreneurs of different dimensions like marketing, finance, training and capacity building, different government schemes and opportunities.

The Minister said that micro, small and medium enterprises across the country needed capital at relaxed rates of interest to run their enterprises and cater to the needs of their big brothers as well as contributes substantially to India’s manufacturing and external engagements.

The Union Ministry of Miscro, Small and Medium Enterprises (MSME) is lobbying hard with the public sector banking enterprises to extend loan facilities to micro, small and medium enterprises at the base rate so that this segment is able to access vast capital from the financial and banking institutions at much cheaper rates and roll out quality products and run their enterprises effectively, according to the Union Minister for MSME Kalraj Mishra.

“My Ministry has been working hard to make sure that the new government succeeds in setting up of Credit Guarantee Trust Funds to extend liberal packages to MSME as a whole and inputs have already been incorporated in the new draft MSME Policy which is at the advanced stage of finalization. The Government proposes to roll out the new policy in the next 30 days,” said Mishra.....See More

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