In pictures: Modi says MSMEs ‘pillar of India’s growth story’, launches Rs 6,000 crore scheme

'Raising and Accelerating MSME Performance' scheme is intended to ramp up capacity & coverage, PM said at event held at Vigyan Bhawan Thursday as part of govt's Udyami Bharat programme.

Prime Minister Narendra Modi addresses a gathering at the 'Udyami Bharat' programme organised under the 'Azadi Ka Amrit Mahotsav' on 30 June | Praveen Jain | ThePrint

New Delhi: Prime Minister Narendra Modi launched the ‘Raising and Accelerating MSME Performance’ (RAMP) scheme for Micro, Small, and Medium Enterprises at an ‘Udyami Bharat’ programme held at Vigyan Bhawan in the national capital Thursday. 

“When we say MSME, it expands in technical language to micro, small, and medium enterprises. But these micro, small, and medium enterprises are a huge pillar of India’s growth journey. The MSME sector accounts for almost one-third of India’s economy,” Modi said at the launch, adding that the outlay for the scheme is around Rs 6,000 crore.

The ‘Udyami Bharat’ programme is a policy launched by the central government to empower MSMEs. Thursday’s programme was held under  ‘Azadi ka Amrit Mahotsav’ — the central government’s initiative to celebrate 75 years of India’s independence.

Modi also inaugurated a ‘Capacity Building of First-Time MSME Exporters’ scheme and unveiled new features of the ‘Prime Minister’s Employment Generation Programme’ (PMEG) at Thursday’s event.

The RAMP scheme is aimed at scaling up the implementation capacity and coverage of MSMEs in the country in conjunction with existing schemes, Modi said.

At the launch, the prime minister also praised the country’s khadi industry, saying that its turnover had crossed Rs 1 lakh crore.

“This has been possible because our small entrepreneurs in the villages — our sisters — have worked very hard. Khadi sales have increased four times in the last eight years,” Modi added.

ThePrint’s Photo Editor Praveen Jain brings you pictures from the event.

Prime Minister Narendra Modi addresses a gathering at the launch of ‘Raising and Accelerating MSME Performance’ scheme at Vigyan Bhawan Thursday. | Praveen Jain | ThePrint

Modi also inaugurated a ‘Capacity Building of First-Time MSME Exporters’ scheme, and unveiled new features of the ‘Prime Minister’s Employment Generation Programme’ (PMEG). | Praveen Jain | ThePrint

The prime minister was the chief guest at the event. | Praveen Jain | ThePrint

Modi said MSMEs are a huge pillar of India’s growth journey, accounting for almost one-third of the country’s economy. | Praveen Jain | ThePrint

Modi said the RAMP scheme aims to scale up the implementation capacity and coverage of MSMEs in states, and has an outlay of around Rs 6,000 crore. | Praveen Jain | ThePrint

Modi launched the scheme at an ‘Udyami Bharat’ programme at Vigyan Bhawan in New Delhi | Praveen Jain | ThePrint

The prime minister said that as India’s exports are increasing, it’s important that the country’s MSME sector remain strong and its products reach new places. | Praveen Jain | ThePrint

Prime Minister Narendra Modi speaks at the launch of the RAMP scheme for MSMEs at Vigyan Bhawan. | Praveen Jain | ThePrint

Modi said that the NDA Government was committed to helping the MSME sector in every way possible. | Praveen Jain | ThePrint

Prime Minister Narendra Modi addresses the audience at the launch of the Rs 6,000-crore scheme for MSMEs at Vigyan Bhavan Thursday.  | Praveen Jain | ThePrint

Modi said that his government was committed to taking India’s local production global. ‘More than Rs 500 crore has been digitally transferred to 18,000 MSMEs. I congratulate the MSME sector,’ he said. | Praveen Jain | ThePrint

Prime Minister Narendra Modi at the launch of the ‘Raising and Accelerating MSME Performance’ scheme at Vigyan Bhawan | Praveen Jain | ThePrint

PM Modi also announced the results of the MSME Idea Hackathon in 2022 at the event | Praveen Jain | ThePrint

PM Modi helps a national MSME awardee from Rajasthan, Sunita, get up from her wheelchair at the event. Sunita won the first prize in the Manufacturing MSME Enterprise (Disabled Category).| Praveen Jain | ThePrint

Inputs from ANI