Micro, Small & Medium Enterprises (MSMEs) – Development & Facilitation Office (6th mile Sovima), in association with District Industries Centre and Ministry of MSME organised a one-day Awareness Program on MSE-CDP Cluster Scheme in Nagaland at the office of District Industries Centre, Kohima on Wednesday, a DIPR report stated.
Director, Department of Industries & Commerce, A. Temjen Jamir, appealed to the young entrepreneurs present at the program to make use of the financial and non-financial support provided by the government and to collaborate and network with each other. He said that the incentives provided can reduce the financial burden and that through MSMEs there will be a creation of a supportive ecosystem and foster a sense of belonging.
Jamir also encouraged them to have a mindset on being able to perform their best since competition has become tougher through the years and unless they produce the best quality, there would be no takers in the market.
MSMEs can contribute to poverty reduction and reduce income inequality
The Director further expressed that MSMEs empower individuals from diverse backgrounds, including women, youth, and marginalized communities with opportunities for entrepreneurship, self-employment, and income generation, enabling social and economic inclusion. With adequate support, MSMEs can contribute to poverty reduction and reduce income inequality, he added.
Stating that MSMEs are the critical drivers of economic growth, employment generation, innovation, and inclusive development, Jamir stressed that governments, policymakers, and stakeholders should recognize and support the growth of MSMEs through favorable policies, infrastructure development, access to finance, capacity-building programs, and market linkages. By nurturing and empowering MSMEs, countries can enhance their economic landscape and create a conducive environment for entrepreneurship, he said.
DIC’s mission is to promote growth and development of MSMES
Joint Director, DIC, Taliwati Longchar mentioned that MSME comes in second to agriculture in the employment generation. MSME is to accelerate the employment which will contribute to the economic growth of the State and the Nation, he said, adding that the department is trying its best to develop infrastructure in the State so as to help the 1st generation of entrepreneurs. DIC’s mission is to promote growth and development of MSMES and to enhance the manufacturing base by improving performance of MSMEs through skill and entrepreneurship development, he said.
Longchar also highlighted that different schemes have been provided by the Government of India and Nagaland under MSME: Scheme of Fund for Regeneration of Traditional Industries (SFURTI), Micro & Small Enterprises Cluster Development Programme (MSE-CDP) Scheme, Promotion of MSMEs in NER & Sikkim Scheme.
Scheme of Fund for Regeneration of Traditional Industries (SFURTI)
While briefing the entrepreneurs on the schemes, Longchar said that SFURTI is Scheme of Fund for Regeneration of Traditional Industries, launched in 2005 by the Ministry of MSME to promote the development of clusters in India. The main motive of the SFURTI scheme is to ensure that the various traditional clusters of industries spread throughout the country of India are met with amenities and benefits that help them become more competitive in the industry and gain larger revenue in profits.
This scheme is applicable for artisans from traditional industries, cluster of artisans in sectors such as handicrafts, textiles, agro-processing, honey, coir, khadi etc.
Micro & Small Enterprises Cluster Development Programme (MSE-CDP)
He also said that the MSE-CDP scheme is to support the sustainability and growth of MSEs by addressing common issues such as improvement of technology, skills and quality, market access, etc, to create/ upgrade infrastructural facilities in the new/ existing industrial areas/ clusters of MSEs, to set up Common Facility Centres (for testing, training, raw materials depot, effluent treatment, complementing production processes, etc.) and promotion of green and sustainable manufacturing technology for the clusters.
Promotion of MSMEs in NER & Sikkim Scheme
Furthermore, Longchar added that Promotion of MSMEs in North East Region (NER) & Sikkim Scheme’s objectives are for providing financial support mainly for augmenting infrastructure development for enhancing the productivity, sustainability, competitiveness and growth by addressing common issues such as improvement of technology, skills and quality, market access, etc. of MSMEs, to create common facilities to supplement manufacturing, testing, packaging, R&D, product and process innovations and training for natural resources available in NER & Sikkim, to create/ upgrade infrastructural facilities in the new/ existing industrial areas for MSMEs, development of tourism sector in NER and Sikkim by creation of common services such as kitchen, bakery, laundry & dry cleaning, refrigeration and cold storage, IT infra, potable water, display center for local products, center for cultural activities, etc. in a cluster of home stays.
He encouraged the entrepreneurs to utilise the knowledge and technology that are being provided through the schemes for their benefit and the State as a whole.
The inaugural session was followed by a technical session where Golmei, Branch Manager, Bank of Maharashtra, Kohima, stressed on Bank Financial support to MSMEs and Inspector, DIC, Kohima, Pezalhoulie Kets focused on the importance of UDYAM Registration for the entrepreneurs.