National SC/ST hub for entrepreneur support launched by Modi

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Ludhiana: Prime Minister Narendra Modi today launched the National SC/ST Hub here to provide support to entrepreneurs from the community.

With an initial outlay of Rs 490 crore, the hub will work towards strengthening market access/linkage, monitoring, capacity building, leveraging financial support schemes and sharing industry-best practices.

It will also enable central public sector enterprises to fulfill the procurement target set by the government.

The Public Procurement Policy 2012 stipulates that 4 per cent of procurement done by ministries, departments and CPSEs will have to be from enterprises owned by SC/ST entrepreneurs.

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