National SC/ST Hub Launched in Ludhiana

Prime Minister Narendra Modi launched the National SC/ST Hub in Ludhiana (Punjab) 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