Organized By

Entrepreneurship Development Cell on 18th November 2021

Venue: CSE e-Class Room from 10:30AM to 12:30PM

Resource Person: Mr. S. L. N. Kumar,Assistant Director for Joint Director MSME- DEVELOPMENT INSTITUTE (Ministry of Micro, Small & Medium Enterprises) Government of India F-19-22, ‘D’ Block, Autonagar, Visakhapatnam 530012 (AP).The program is being graced by Dr. A. Sudhakara Reddy, Principal of Annamacharya Institute of Technology & Sciences, Kadapa. The program commenced at 10:30 AM with a welcome address and introduction of a resource person by Dr. S. Mohana, Coordinator ED Cell.

Mr. S. L. N. Kumarstarted his interaction with students about to take entrepreneurship as a career option and given awareness about MSME schemes along withan overview of Govt. Initiatives on MSMEs. Around 120 students from different departments of IV-B. Tech (CIVIL, EEE, M.E, ECE &CSE) were participated and all are receivede-certificate from MSME (Ministry of Micro, Small & Medium Enterprises).Overview of Govt. Initiatives on MSMEs

Under the Chairmanship of Honorable Prime Minister Shri Narendra Modi, the Ministry of Micro, Small and Medium Enterprises (MSME) implements various programmes/ MSME schemes for the development and promotion of MSMEs across the country.Moreover, the Government of India has been really proactive to ensure that all the benefit of these MSME schemes reaches to the MSMEs in time. To provide immediate relief to the MSME sector, various announcements (in addition to the various MSME schemes) have been made under the Atmanirbahar Bharat Package. The most important ones also included:

  • INR 3 lakh crore collateral-free automatic loans for MSMEs to buy raw material, meet operational liabilities and restart businesses.
  • Revision of MSME definition to extend maximum benefits to the sector
  • Disallowing global tenders in procurements upto INR 200 crore to create attractive opportunities for domestic players
  • Clearing of MSME dues by the Government and Public Sector Units (PSUs) within 45 days.
Success stories- Ministry of MSME, Government of India

Mr. S. L. N. Kumarhas presented a-few success stories about entrepreneurs in the webinar session.The related video link is given below.

  • https://www.youtube.com/watch?v=x1KGiQ-TNxg