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News trainee identity and progress. Enforcement of deadlines (either of 60 or 90 days) on banks to decide about decision For motivating beneficiaries to repay loans (acceptance or rejection) of the loan application – The people whose Margin Money has been successfully adjusted, need to be rewarded with an viii. Cash credit account (CCA) component of option of 2 round of subsidized loans (at say 15% the loan could be reduced. Maximum CCA may nd of subsidy). range up to 40% of total loan n Secretary reviews implementation of Public Procurement Policy by various PSUs in National SC/ST Hub Conclave ational SC ST Hub Conclave was chaired by was organized during the conclave to decide upon Dr. Arun Kumar Panda, Secretary, Ministry the future course of action. Key highlighted from Nof MSME, and other senior officials of the the discussion were: ministry were present on the occasion. Chairman or representatives from about 50 PSUs from 20 1. Current status of procurement done by CPSEs Ministries also participated in the conclave. from MSMEs (including SC/ST MSEs) during the last Financial Year The interaction aims to bring together leading CPSEs from different sectors and initiate 2. Need for one consolidated database of SC/ discussion to understand the gaps and their ST Vendors including details of products and services provided by them challenges in realizing the mandate of Public Procurement Policy. The interaction is envisioned 3. Focus on organizing Special – Vendor to put forth a strategy that delivers sustained and Development Programmes (VDPs) and measurable impact on the entire MSME ecosystem. capacity building programmes for addressing With participation from over 50 CPSEs from 20 the skills gap of SC/ST MSEs Ministries, the conclave also aims to develop an understanding of procurement requirements of 4. Use of technology as a medium for CPSEs and facilitating them in vendor development dissemination of information programme by providing support in mobilizing SC/ The conclave brought various insights from ST entrepreneurs. CPSEs to understand the gaps in realizing the mandate of Public Procurement Policy and put Ministry of MSME, through National SC- forth innovative strategies for holistic development ST Hub, is continuously thriving to achieve its of MSEs owned by SC/ST Entrepreneurs. The objectives, and in order to accomplish desired goals discussion help was extremely fruitful and will go a has taken up multiple initiatives. The conclave will long way in meeting the objectives of the National give a brief on all ongoing activities and also give a SC ST Hub snapshot on the roadmap for the near future. Background: A brief presentation by Joint Secretary, MSME, on the achievements and challenges faced by National SC-ST Hub, launched by Hon’ble CPSEs in procuring goods and services from SC ST Prime Minister Shri Narendra Modi, aims to create entrepreneurs was given. In order to receive inputs a supportive ecosystem for SC/ST entrepreneurs by and suggestions from CPSES, an open discussion assisting in technology upgradation and capacity 62 Laghu Udyog Samachar
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