NSIC rolls out SC/ST hub

The hub is aimed at providing professional support to SC/ST entrepreneurs, adopt applicable business practices and leverage Stand Up India initiative

GN Bureau | December 16, 2016


#NSIC   #MSME   #SC   #ST   #entrepreneurs  

 In its bid to provide professional support to budding SC/ST entrepreneurs, National Small Industries Corporation Ltd. (NSIC) has rolled out National Scheduled Caste and Scheduled Tribe (SC/ST) Hub, said minister of state for MSME Haribhai Parthibhai Chaudhary in a written reply to a question in the Lok Sabha.

The SC/ST Hub is designed to provide professional support to the reserved category entrepreneurs to fulfill the obligations under the public procurement policy for micro and small enterprises, adopt applicable business practices and leverage the Stand Up India initiative envisaged by Prime Minister Narendra Modi. The total estimated budget for the SC/ST Hub scheme for the period 2016-20 is Rs 490 crore.
 
The functions of the hub include collection, collation and dissemination of information regarding SC/ST enterprises and entrepreneurs, capacity building among existing and prospective reserved category entrepreneurs through skill training and entrepreneurs development programmes (EDPs), vendor development programmes, promoting participation of such entrepreneurs in exhibitions trade fairs and facilitating SC/ST entrepreneurs’ participating in public procurement and monitoring the progress. 
 
 
 

Comments

 

Other News

Mumbai’s missing affordable homes

Mumbai’s real estate market keeps growing, yet homeownership remains out of reach for much of its population. Three experts – urban researcher Hussain Indorewala, urban planner Vidyadhar Phatak and developer Kamlesh Thakur of NAREDCO Maharashtra, agree that simply constructing more apartments

Rubio denies US foreknowledge of Starlink restrictions in Ukraine

US secretary of state Marco Rubio has said he was unfamiliar with the Wall Street Journal report suggesting Elon Musk had decided to throttle Starlink services in Ukraine, but rejected claims that Washington had ordered the restrictions to pressure Kyiv.   “There was no

Can AI change India’s breast cancer story?

Breast cancer has become a public-health challenge in India. The greatest opportunity is to find cancers earlier. Artificial intelligence (AI) is opening a new era in breast cancer detection. AI systems can analyse mammograms and other breast-imaging studies, identify subtle abnormalities and assist radi

Farm stability in the time of climate change

Indian agriculture is experiencing significant climate volatility, while the world economy seems to be in a highly volatile situation. Economic indices from various countries show that they need to recalibrate their strategies to withstand economic headwinds. In such a challenging situation, a country li

El Niño threatens India’s Rabi crops

India’s southwest monsoon ended with a 13% rainfall deficit in 2026, its weakest performance in a decade, raising concerns over agricultural production, water security and the upcoming rabi season. With El Niño expected to persist into early 2027, experts warn that declining soil moisture, dep

Regulating the data advantage: India’s new e-Commerce framework

For over a decade, India’s e-commerce story has rested on a simple premise: platforms connect buyers and sellers, while data fuels efficiency, personalisation, and scale. However, as the market matured, its structure has revealed a growing imbalance. E-commerce platforms, especially marketplace ent

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter