Narayan Rane & MoS Bhanu Pratap Singh Verma assume charge of MSME Ministry

New Delhi : Narayan Rane on Thursday assumed charge of the Ministry of Micro, Small and Medium Enterprises (MSME) as Cabinet Minister.

Speaking at the occasion, Mr Rane lauded the Prime Minister Narendra Modi for his dynamic leadership, and his concern for MSMEs.

Noting that the MSMEs are amongst the strongest drivers of economic development, innovation and employment and to ensure highest level of sustainable development of this promising sector, the Minister envisaged to work on the vision to “Unshackle the MSMEs and unleash their full potential to double their contribution towards a 5 trillion dollar economy and transform the lives of the aspiring millions through jobs, exports and inclusive growth.”

Bhanu Pratap Singh Verma assumed charge as Minister of State in the MSME ministry. Mr Verma stated that constant efforts are being made towards upliftment of MSMEs under “Self-Reliant India” through various schemes for infrastructure development, credit and financial assistance, technology up-gradation, and skill development along with interventions like upward revision of MSME definition to include large number of business units and exporters.

Mr Rane while interacting with the officials, said that numerous measures are being taken to empower the MSME sector and urged them to make a lasting contribution in their respective fields towards upliftment of MSMEs.

A former Chief Minister of Maharashtra, he had also served as a Cabinet Minister for Industry, Port, Employment and Self Employment in the Government of Maharashtra. He has been in public service across different capacities for over 35 years.

A five-time Lok Sabha MP, Mr Verma has been a member of the Committee on Welfare of Scheduled Castes and Scheduled Tribes.

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