MSME Conducts Entrepreneurship Session at Sangam University Bhilwara Rajasthan
Worldwide, the micro small and medium enterprises (MSMEs) have been accepted as the engine of economic growth and for promoting equitable development. The major advantage of the sector is its employment potential at low capital cost.
Bhilwara (I-Newswire) September 25, 2013 - The labour intensity of the MSME sector is much higher than that of the large enterprises. The MSMEs constitute over 90% of total enterprises in most of the economies and are credited with generating the highest rates of employment growth and account for a major share of industrial production and exports. In India too, the MSMEs play a pivotal role in the overall industrial economy of the country. In recent years the MSME sector has consistently registered higher growth rate compared to the overall industrial sector.
With its agility and dynamism, the sector has shown admirable innovativeness and adaptability to survive the recent economic downturn and recession. As per available statistics (4th Census of MSME Sector), this sector employs an estimated 59.7 million persons spread over 26.1 million enterprises. It is estimated that in terms of value, MSME sector accounts for about 45% of the manufacturing output and around 40% of the total export of the country.
MSME Development Institute (MSME-DI), Jaipur was set up on 14th January 1958 and is engaged in promotion and development of Small Scale Industries in the State of Rajasthan. The important consultancy services provided by the Institute include techno-economic and managerial services and basic input in the form of information required to set up new unit. The entrepreneurs are guided suitably to enable them to start their own ventures.
On 08 August 2013, Mr K.C. Bhukesh, Assistant Director and Consultant Mr R S Shekhawat from MSME Jaipur visited Sangam University and conducted an interactive session highlighting the need for entrepreneurial culture among youth including the importance of MSME in the economy of India today and basis for classification of enterprises under micro small and medium enterprises as well as the various incentives available for setting up MSME.
The session ended with vote of thanks proposed by Prof BR Natarajan President - Vice Chancellor Sangam University where he also announced that PHD Chamber - BSE would be conducting session on Investor Awareness on 14 Aug 2013 and Reserve Bank of India - RBI would be conducting a session on Forex Management on 27 Aug 2013 at the University campus.
About Sangam University Bhilwara
About Sangam University Bhilwara: the Institution supported by Sangam Group of Industries which is o More..ne among the top ranking corporates in India today with business interests spanning textiles, steel, infrastructure, power and energy has been established by Govt. of Rajasthan Act No. 14 of 2012 incorporated u/s 2(f) of UGC Act 1956.Less..
Sangam University Bhilwara
NH 79 Bhilwara - Chittor Bypass, Chittor Road
Phone : 91-1482-650505
Tags:industry Entrepreneurship BSE commerce India Today MSME RBI reserve bank of India Bhilwara Sangam University PHD Chamber
Published On:September 25, 2013
Print Release:Print Release
If you have questions regarding information in this press release contact the company listed above. I-Newswire.com is a press release service and not the author of this press release.The information that is on or available through this site is for informational purposes only and speaks only as of the particular date or dates of that information. As some companies and PR Agencies submit their press releases once per week,month or quarter, make sure to check the official company website for accurate release dates as our site displays the I-Newswire.com press release distribution date only.We do not guarantee the accuracy or completeness of information on or available through this site, and we are not responsible for or omissions in that information or for actions taken in reliance on that information.
Top 10 Ways to Nurture the Great Readers of Next Generation
Ninchana Public School, Davangere Integrates Sms Technology into School ERP Software
Cisco Certification CCNA CCNP CCIE CCENT - Take Your Career to The Next Level
Learnnovators Gazes Into The Future Of E-Learning With Tom Kuhlmann
Blogging Without Any Expert Knowledge