A Five-time Lok Sabha MP, Shri Bhanu Pratap Singh Verma took charge as Minister of State in Ministry of Micro, Small and Medium Enterprises. As an MP, he was a member of the Committee on Welfare of Scheduled Castes and Scheduled Tribes. Secretary MSME and all senior officials of the Ministry welcomed the Union Minister and the Minister of State.
Addressing the media after taking charge Union Minister Shri Narayan Tatu Rane lauded the Prime Minister for his dynamic leadership, and his concern for MSMEs. The Minister said MSMEs are amongst the strongest drivers of Economic Development, Innovation and Employment. To ensure highest level of sustainable development of this promising sector, the Minister envisages to work on the vision to “Unshackle the MSMEs and unleash their full potential to double their contribution towards a 5 Trillion dollareconomy and transform the lives of the aspiring millions through jobs, exports and inclusive growth.”
The Minister of State stated that constant efforts are being made towards upliftment of MSMEs under “Self-Reliant India” through various schemes for Infrastructure Development, Credit & Financial Assistance, Technology Up-gradation, and Skill Development along with interventions like upward revision of MSME definition to include large number of Business units and exporters etc.