home Advertise
With Us

Govt. owned MSME institute to hold programme for large firms as well

New Delhi, Oct 8 (KNN) The MSME-Development Institute (MSME-DI) promoted by the government is organising a national level vendor programme not only for the micro and small enterprises but also for the large units.

However, the fee charged for the two day programme on October 21-22 at Rs 14,000 for medium and large enterprises is double the amount being charged from the micro and small units.

When asked, as to how the large enterprises are being developed as vendors for large companies, official of District Industries Centre (DIC) said, “after all, they (large firms) are also enterprises.

The Government Departments and large entrepreneurs which are likely to participate in the programme are Ministry of Defence, Indian Railways, NTPC, BHEL, DTC, ASTRU and large enterprises like Hyundai, Maruti etc.

In this context, the MSME-DI has invited applications from the MSMEs as well as the large enterprises.

“The purpose of the programme is to develop potential MSEs as vendors for Central Ministries/Departments like defence, railways, public sector undertakings and other medium and large enterprises,” said a notification.

MSME-DI envisages providing a range of services for promotion and up-gradation of MSMEs by upgrading their knowledge and improving their technical skills through structured management and skill upgradation programmes.

The government had notified the Public Procurement Policy with effect from April 1, 2012.

Under the policy, every central ministry/PSU has to set an annual goal for procurement from MSEs at the beginning of each financial year with the objective of achieving an overall procurement of minimum 20 per cent of total annual purchases of products produced/services rendered by such units.

The MSME sector contributes over 8 per cent to the country's Gross Domestic Product (GDP) and accounts for 45 per cent of the manufacturing sector.
There are around 3.6 crore such enterprises, employing over 8 crore people.