Narayan Rane gets charge of MSME ministry

Narayan Rane, BJP Rajya Sabha MP from Maharashtra, took oath as Union Minister of MSME ministry

Narayan Rane Becomes MSME Minister

After a mega cabinet reshuffle, Rajya Sabha MP and former Maharashtra Chief Minister Narayan Rane was inducted into the Union Cabinet. He has been named Minister of Micro, Small, and Medium Enterprises. Nitin Gadkari, Minister of Road Transport, was initially in charge of the ministry. 

Rane, 69, was the Chief Minister of Maharashtra for a short stint in 1999 in the Shiv Sena-BJP alliance government. 

He had been a six-time MLA and one-time Member Legislative Council in Maharashtra and had served as cabinet minister handling important portfolios such as industries, revenue, ports and animal husbandry. 

He takes charge of the MSME Ministry at a crucial time as the sector has been among the most affected business segments amid the Covid pandemic. The sector has been among the core focus of the government in its financial support announcements made in the past one year, including a separate resolution framework for MSMEs. 

The government came with the much-talked about loan guarantee scheme for MSMEs and other eligible borrowers to cushion the impact of the pandemic. 

Rane has been serving the public in elected offices across different capacities for over 35 years now. Before that, he had served in the Income Tax Department from 1971 to 1984.