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Rane launches second phase of MSME RuPAY credit card

Union Minister for MSME Narayan Rane has called upon field officers to meet MSME growth targets in their respective areas within the stipulated time.

Addressing the national conference of ‘MSME- Development Institutes, Testing Centres and Technology Centres,’ he said that this conference will contribute to shaping the vision of Aatma Nirbhar Bharat initiated by Prime Minister Narendra Modi. 

Rane also launched the second phase of MSME RuPAY credit card with National Payments Corporation of India (NPCI) and four banks — Kotak Mahindra Bank, Bank of Baroda, SBM Bank (India) and HDFC Bank. This card will provide a simplified payment mechanism to MSMEs to meet their business-related operational expenses.

Bhanu Pratap Singh Verma, State Minister of MSME, also graced the occasion.  The aim of this conference was to interact with officials of field offices of Development Commissioner (MSME) to chalk out plans for better implementation and monitoring of MSME schemes and coordination with State Governments and other stakeholders for the benefit of the MSMEs.

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