MSMEs are the backbone of Indian economy. Aptly termed the ‘growth engine’ of the country, the segment boosts of a sizeable proportion of self-driven- entrepreneurs too. And among this section, new age entrepreneurs, belonging to SC/ST fraternity form a sizeable chunk.Undoubtedly, along with MSME business owners, the development of SC/ST entrepreneurs is a must for meeting the objective of financial inclusion and generation of employment opportunities across the rural and urban areas of the country. Among them, noteworthy is the establishment of the National SC/ST Hub – through which a number of SC-ST specific schemes are now being made available. Considering its multifaceted mandate, the Ministry of Micro, Small and Medium Enterprises, has made an initial allocation of Rs.

Source: Economic Times February 06, 2019 07:30 UTC