The Micro Small & Medium Enterprises (MSME) provides employment to 14 crore people in India and constitutes 45 percent of total manufacturing along with more than 44 percent share in exports market for products said Union MSME Minister Kalraj Mishra while taking part in the foundation stone laying ceremony of ‘Tool Room’ here on Friday.
Chhattisgarh Chief Minister Raman Singh also took part in the programme.
Tool Room — a Technology Center of MSME will be constructed at Borai Industrial area in Durg district. The project spanning over 25 acres of land would cost about 110 crore and is focussed at enhancing the skill of new entrepreneurs as well as imparting technical knowledge to unemployed youths. “In these Centers, entrepreneurs would be informed about the machines used in industrial units so that they may get acquainted with the nuances of the trade. Tool Room will be helpful for aspiring industrialists,” he said while addressing the gathering.
The Union Minister informed that during former Prime Minister Atal Bihari Vajpayee’s tenure, 18 tool rooms were established and now Prime Minister Narendra Modi’s government is pushing the projects forward.
Mishra while mentioning about global recession, attributed MSME’s contribution in controlling the recession effect in India.
He informed that the registration process for promoting MSME has been relaxed and anyone who wants to set up their own industrial unit could get their registration done by providing 20 point information just in a few minutes.
“In past 6 months, more than 12 lakh people have been registered across India,” he said.
Chhattisgarh Chief Minister Raman Singh, who was presiding over the programme, said that Durg-Bhilai had been industrial region for past several years and this Center will hone the skills of entrepreneurs and the youth.