Saturday, Apr 20 2024 | Time 07:22 Hrs(IST)
image
Business EconomyPosted at: Jan 16 2019 5:30PM


MSME Ministry to hold buyer-seller meets to create market for SC/ST entrepreneurs

New Delhi, Jan 16 (UNI)The Ministry of MSME in collaboration with the FICCI is organising a series of buyer-seller meets (BSMs) across the country in a bid to connect micro and small enterprises owned by SC/ST entrepreneurs with public sector undertakings and private players in their procurement deals.
To begin with, these BSMs are scheduled to be held in Nagpur and Pune in Maharashtra on January 21 and January 30, 2019, respectively. Such meets are also proposed to be held in Telangana, Tamil Nadu, Punjab, Chhattisgarh, Gujarat, Kerala, Karnataka and West Bengal.
The recent amendment in the Public Procurement Policy has made it mandatory for all central ministries and departments including Central Public Sector Units to ensure 25 per cent of their overall annual procurement from MSEs including sub targets for procurement from the MSEs owned by women and SC/ST entrepreneurs.
Some of state governments have adopted the policy and are taking initiatives to help entrepreneurs from the marginalised community in their respective region.
The meets are expected to help entrepreneurs from the marginalized community get into the supply chain for clinching business deals. The procurement list ranges from specific requirements of the participating buyers to the areas of common business interest such as gift items, footwear, stationery, industrial tools, furniture, hardware, cleaning products and services like housekeeping, maintenance, security and IT which can be procured by PSUs and private players from the SC/ST vendors.
The meets will also see the active participation of state government departments, institutions like Government e-Marketplace (GeM) and Tribal Cooperation Marketing Development Federation of India ltd (TRIFED).
Besides, FICCI's MoU partner, Centre for the Study of Caste and Capitalism and other Dalit centric associations as well as local partners have also committed themselves towards this initiative, according to an official statement here on Wednesday.
UNI SW RSA 1730
Please log in to get detailed story.
Tags: #MSME Ministry to hold buyer-seller meets to create market for SC/ST entrepreneurs
More News

"CSIR-IICT and BHEL partners to advance clean fuel technology: MoU signed on CO2 to DME"

19 Apr 2024 | 7:23 PM

Hyderabad, April 19 (UNI) The Council of Scientific and Industrial Research-Indian Institute of Chemical Technology (CSIR-IICT) and Bharat Heavy Electricals Limited (BHEL) Corporate R&D have forged a partnership to develop technology for capturing and converting carbon dioxide (CO2) to Dimethyl Ether (DME) through direct catalytic conversion.

see more..

Amara Raja Infra Wins Greenko’s 700MWp solar project in AP

19 Apr 2024 | 6:41 PM

Hyderabad, Apr 19 (UNI) Amara Raja Infra Private Limited (ARIPL), part of the $1.75 billion Amara Raja Group, on Friday announced it has secured a solar BoS (Balance of System) project of 500MW/700MWp from Greenko.

see more..
Sensex recovers 600 points on heavy buying on last day of week

Sensex recovers 600 points on heavy buying on last day of week

19 Apr 2024 | 5:34 PM

Mumbai, April 19 (UNI) Snapping a losing streak of last four sessions, the BSE Sensex on Friday bounced back 599.34 points to close at 73088.33 on expectation of minimal escalation of tension between Israel and Iran.

see more..

19 Apr 2024 | 5:24 PM

Mumbai, Apr 19 (UNI) IT major Wipro on Friday reported 7.80% year-on-year dip in consolidated net profit at Rs 2,834.6 crore for January-March quarter (Q4) of the financial year 2023-24.

see more..
Rupee up 8 paise against USD

Rupee up 8 paise against USD

19 Apr 2024 | 5:05 PM

Mumbai, April 19 (UNI) The Rupee on Friday ended positive at 83.47, rising 8 paise against the USD on selling US Dollar by bankers and exporters, dealers at the Foreign exchange said.

see more..
image