The government is in talks with the country’s largest public sector lender State Bank of India (SBI) to jointly run an e-commerce portal for marketing of products manufactured by micro,small and medium enterprises (MSMEs) in the country.
MSME Minister Nitin Gadkari on Thursday said that he is to meet SBI Chairman next month to discuss whether the bank can jointly run an e-commerce portal called Bharat Craft, meant for taking Indian MSMEs to the global platform.
“For the first time, after our govt came to power, we are readying a portal called Bharat Craft,” Gadkari said during the question hour in the Lok Sabha on Thursday.
“I am meeting the chairman of State Bank (of India), we are trying that this portal is run by State Bank and the government jointly,” Gadkari added.
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He said that China was able to progress because of e-commerce portal Alibaba, referring to India’s MSMEs as the growth engine for the country.
Source: ET Rise
