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Dimapur, Aug. 25 (EMN): Business Association of Nagas (BAN) and MSME Development Institute, Dimapur, under the ministry of MSME, jointly organised a seminar on “MSME benefits and schemes for BAN members” on August 24 at Life Spring Corner, Lake view colony, Dimapur.
An update from Ban informed that the seminar covered various initiatives and schemes of the Ministry of Micro, Small and Medium Enterprises (MSME), which are of importance to Naga entrepreneurs.
Speaking at the seminar, Ban president L Mongkum Jamir mentioned that the association had submitted a representation requesting for a full-fledged MSME DI in Nagaland during the visit of the union minister for MSME to Nagaland in 2016. With the establishment of MSME in Nagaland headed by a joint director, Jamir called upon the Naga entrepreneurs to make use of the opportunity for furthering economic development.
Jamir stated that MSMEs contribute 29% of the country’s GDP and accounts for 48% export. While mentioning that the contribution of MSMEs from Nagaland might be minuscule at the moment, he urged the entrepreneurs to think and work towards enhancing the contribution to a substantial figure by next five years.
Jamir also mentioned that Ban would work closely with all the stakeholders for proper implementation of governmental policies that relate to economic activities in the state. He also stated that Ban was committed to organising financial literacy programmes for Naga entrepreneurs and businesses at various districts of Nagaland which forms the basic requirement for all business ventures.
Taliwati Longchar, joint director of MSME Development Institute, Dimapur, made a powerpoint presentation on various MSME schemes. He stated that MSME DI Dimapur would provide all required assistance and support to the existing enterprises and encourage creation of new enterprises. He further emphasised on the role of the Ministry of MSME to assist the states in their efforts to encourage entrepreneurship, employment and livelihood opportunities.
Selwin Samraj, assistant director of MSME DI Dimapur, also made a presentation on Udyam registration and its benefits, government e-marketplace (GeM) and MSME schemes for SC and ST entrepreneurs.
Ban general secretary, Dr. Yan Murry, chaired the programme, while its executive members, Benthungo Kithan, delivered the welcome address and Akherio Lazio proposed the vote of thanks.