On November 27, 2023, Union Minister for MSME, Shri Jitan Ram Manjhi, and Minister of State, Sushri Shobha Karandlaje, along with senior ministry officials, called on the Vice-President of India, Shri C. P. Radhakrishnan, at Parliament House. The Vice-President was briefed on the MSME sector's role in economic growth, employment generation, entrepreneurship development, people's empowerment, and environmental sustainability. The Ministry is focused on formalizing enterprises through the Udyam Registration Portal. Initiatives supporting Khadi, Village and Coir industries are ongoing, with a focus on credit support, technological assistance, infrastructure development, skill development, competitiveness, and market assistance. Key schemes discussed included PM Vishwakarma, the Credit Guarantee Scheme, Prime Minister's Employment Generation Programme (PMEGP), Micro and Small Enterprises Cluster Development Programme (MSE-CDP), the Public Procurement Policy for MSMEs, and initiatives promoting enterprises owned by women and SC/ST entrepreneurs. The Vice-President appreciated the Ministry's efforts, highlighting the importance of MSMEs (the second largest employment provider) in India, emphasizing that the sector should be revitalized through targeted interventions such as infrastructure development, skill enhancement, and establishing training institutes. Visitor Counter: 458.
Key Entities Referenced
Ministry of Micro, Small and Medium Enterprises (MSME): The primary government ministry responsible for initiatives and policies related to Micro, Small, and Medium Enterprises in India.
PM Vishwakarma: A key scheme aimed at skilling, entrepreneurship and empowerment of artisans and craftspeople.
Prime Minister's Employment Generation Programme (PMEGP): A scheme designed to generate employment opportunities through the establishment of micro enterprises.
Micro and Small Enterprises Cluster Development Programme (MSE-CDP): A program focused on the development of MSE clusters to enhance their competitiveness and growth.
Udyam Registration Portal: A portal for formalizing enterprises, strengthening identity, and improving ease of doing business for MSMEs.
Vice President's Secretariat
Vice-President Briefed on Key Initiatives and
Achievements of MSME Ministry
Posted On: 27 NOV 2025 5:08PM by PIB Delhi
Union Minister of for Micro, Small, and Medium Enterprises (MSME), Shri Jitan Ram Manjhi, and
Minister of State, Sushri Shobha Karandlaje, along with senior officials of the Ministry, called on the
Vice-President of India, Shri C. P. Radhakrishnan, at Parliament House today.Vice-President of India
@VPIndia·Follow
Honʼble Union Minister of MSME, Shri Jitan Ram Manjhi,
and Minister of State, Sushri Shobha Karandlaje, along with
senior officials of the Ministry, called on Honʼble Vice-
President of India, Shri C. P. Radhakrishnan, at Parliament
House today.
During the meeting, the Show more
4:31 PM · Nov 27, 2025
504 Reply Copy link
Read 7 replies
During the meeting, the Vice-President was briefed on the emergence of the Micro, Small and
Medium Enterprises (MSME) sector as a highly vibrant and dynamic pillar of the Indian economy.
He was apprised of the sector’s vital role in economic growth, employment generation,
entrepreneurship development, empowerment of people, and environmental sustainability.
The Vice-President was also briefed on the Ministry’s thrust on formalization of enterprises through
the Udyam Registration Portal to strengthen identity and improve ease of doing business.
The Ministry outlined its pioneering initiatives supporting the growth of the MSME sector, including
Khadi, Village and Coir industries, with focus on credit support, technological assistance,
infrastructure development, skill development and training, enhanced competitiveness, and market
assistance.
He was informed about key schemes such as PM Vishwakarma, the Credit Guarantee Scheme, Prime
Minister’s Employment Generation Programme (PMEGP), the Micro and Small Enterprises Cluster
Development Programme (MSE-CDP), the Public Procurement Policy for MSMEs, and initiativespromoting enterprises owned by women and SC/ST entrepreneurs. The Ministry’s plans aligned with
the vision of Viksit Bharat were also highlighted.
The Vice-President appreciated the Ministry’s efforts to bolster the MSME sector, expressed
happiness over increased budgetary support and growing credit flow to entrepreneurs, and
commended the success of PM Vishwakarma and other schemes in delivering benefits nationwide.
Noting that MSMEs are the second-largest employment provider in the country, the Vice President
emphasized that the sector, with its rich legacy and vast untapped potential, should be continuously
revitalized through targeted interventions such as infrastructure development, skill enhancement, and
establishing training institutes in economically backward regions.
***
PR/ASM
(Release ID: 2195394) Visitor Counter : 458
Read this release in: Malayalam , Urdu , ही , Tamil