Public sector industries must prioritise MSMEs when purchasing raw materials: Shobha Karandlaje
Bengaluru, Aug 30: Union Minister of State for MSMEs Shobha Karandlaje on Friday emphasised that public sector industries must prioritise MSMEs when purchasing spare parts and raw materials.
“A memorandum to that effect will be submitted to Prime Minister Narendra Modi,” said Karandlaje.
The minister inaugurated a two-day conclave on MSME, organised by the Federation of Karnataka Chambers of Commerce & Industry (FKCCI) at Palace Grounds in Bengaluru.
Karandlaje said small, micro, and medium sector industries play a vital role in the industrial development of the country. “These MSMEs create jobs for our youth. The Centre has evolved many schemes to encourage MSMEs,” she added.
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She also highlighted that there has been an increased allocation for MSMEs in the Union budget, emphasising that MSMEs are playing a vital role in realizing Prime Minister Narendra Modi's vision of a "Vikasit Bharat."
According to Karandlaje, there is a need to improve the skill development of youth in MSMEs to better align with the needs of the industry.
“We are taking steps in that direction. MSMEs are contributing significantly to GDP growth. About five lakh applications are received every year to start new MSMEs. We are currently able to provide subsidies to only 90,000 applicants. We have submitted a proposal to the finance minister to enhance this subsidy component," the MSME Minister explained.
Revealing that large PSUs are importing many raw materials from other countries, Karandlaje said her ministry will appeal to the Prime Minister to direct these PSUs to prioritise purchasing raw materials from MSMEs.
FKCCI President Ramesh Chandra Lahoti, in his speech, stated that the two-day conclave will create a platform for young entrepreneurs to obtain information about starting MSMEs.
“MSMEs form the foundation of our industrial development. The Centre and states have introduced many schemes for the benefit of young entrepreneurs,” he added.
According to him, the MSME Conclave-2024 is an important platform to ensure the growth and sustainability of the MSME sector in the state. Industry leaders, policymakers, and financial institutions have joined forces to provide all the necessary information about starting MSMEs.
“Our aim is to create a conducive environment for starting MSMEs with all the necessary financial and infrastructural support,” the FKCCI President explained.
FKCCI President-Elect M G Balakrishna, Senior Vice-President Uma Reddy, FKCCI Industry Committee President Aravinda Burji, Karnataka Small Scale Industries Association President M G Rajagopal, and Peenya Industries Association President Shivakumar were also present on the occasion.
Inaugurated and participated in the MSME Conclave organized by the Karnataka Corporation of Commerce and Industry at Palace Grounds, Bengaluru. This event is a key platform for empowering and connecting with Karnataka's MSMEs, driving growth and collaboration. @minmsme pic.twitter.com/pJDjxIaCXK
— Shobha Karandlaje (@ShobhaBJP) August 30, 2024
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Two injuries, one DNF, a DQ as India end messy World Relays campaign
Gaborone (Botswana) (PTI): Amoj Jacob and Ragul Kumar got injured during the men's 4x400m and 4x100 races respectively as India ended their World Athletics Relays campaign in disappointment on the second day of competitions here on Sunday.
The Indian camp had high hopes of making the 2027 World Championships in the men's 4x400m relay but the team did not finish (DNF) the race as Jacob suffered cramps and pulled out of the race after taking the baton from the first leg runner Dharamveer Choudhary. Rajesh Ramesh and Vishal TK were to run in the third and fourth legs.
Those teams which could not qualify for the 2027 Beijing World Championships by reaching the final round of each of the six relay events on Saturday were given another chance in the second qualification round on Sunday.
The top two teams in each of the two heats (in all six relay events) booked the Beijing ticket on Sunday.
India will now have to try and qualify for the World Championships through the Top Lists of the World Athletics, which is a long and tedious process.
In the men's 4x100m race, third leg runner Ragul Kumar fell down the track after failing to hand over the baton inside the exchange zone to fourth leg runner Gurindervir Singh, which clearly showed the lack of coordination among the runners.
Harsh Santosh Raut and Animesh Kujur ran the first two legs.
The Indian quartet was disqualified and Kumar was seen being taken away from the Field of Play with the help of the volunteers.
It was a comedy of errors in the case of the women's 4x100m race, which saw the baton being dropped during an exchange between first leg runner Tamanna and second runner Nithya Gandhe, though the Indians finished the race in 53.09 seconds.
Gandhe started running quite a distance, but after realising that the baton was not in her hand, she turned and ran back to pick it up.
The only silver-lining for the Indian contingent was the national record time in the mixed 4x100m relay race, though the quartet of Ragul Kumar, Nithya Gandhe, Animesh Kujur and Sneha SS finished sixth in heat number two with a time of 41.35 seconds, bettering the previous national mark of 42.30 seconds set in March in Chandigarh.
The mixed 4x400m relay quartet of Theerthesh P Shetty, Kumari Saloni, Nihal William and Rashdeep Kaur ended at fifth in heat number one with a time of 3 minutes and 19.40 seconds.
On Saturday, all the five Indian relay teams had failed to make it to the respective final rounds and thus missed out on the 2027 World Championships berths.
