Category: msme

Margin Money worth Rs. 100.29 Crore distributed among 3223 beneficiaries Under PMEGP Scheme , 26000 new employment generated Chairman, Khadi and Village Industries Commission Shri Manoj Kumar today released  margin money grant of Rs 100.29 crore to 3223 beneficiaries of Uttar Pradesh, Madhya Pradesh, Chhattisgarh and Uttarakhand under the Prime Minister Employment Generation Program (PMEGP)…

Shri Narayan Rane chairs the 19th meeting of the National Board of MSME (NBMSME) Shri Rane releases the Global Entrepreneurship Monitor (GEM) India Report 2021-22 and launches the Formalization Project by including 8 lakh informal Micro Enterprises. Union Minister of MSME Shri Narayan Rane chaired the 19th meeting of the National Board of MSME (NBMSME)…

Several measures taken to promote the indigenous toys; Export of toys increases from 96.17 million dollar in 2014-15 to 326.63 million in the 2021-2022 The Government has taken several steps to restrict import of sub-standard and unsafe toys and to promote domestic toy industry. As a result of various steps taken by the Government, the…

Khadi reforms and developments programme aims to revitalize khadi sector by renovating sales outlets run by khadi institute Ministry of MSME through Khadi and Village Industries Commission (KVIC) implements ‘Khadi Reform and Development Programme’ (KRDP) which aims to revitalize the Khadi sector by renovating sales outlets run by Khadi Institutions to increase incomes and employment…

Skill upgradation and Mahila Coir Yojana envisages provision for training to women artisans by providing self employment opportunities to them Ministry through Coir Board, a statutory body is implementing various skill development activities across the country under the component ‘Skill Upgradation & Mahila Coir Yojana’ of Coir Vikas Yojana, a Central Sector Scheme. Among the various…

Contribution of MSMEs and Cottage Industry to GDP As per the information received from Ministry of Statistics and Programme Implementation, the share of MSME Gross Value Added (GVA) in all India Gross Domestic Product (GDP) is as follows: Year 2018-19 2019-20 2020-21 Share of MSME GVA in All India GDP (%) 30.50 30.50 26.83 As…

Data on Employment in MSMEs As per Udyam registration portal, the number of persons employed in the MSMEs which are incorporated during last 5 years are as follows: Year Number of persons employed 2017-18 7770469 2018-19 6010653 2019-20 6622941 2020-21 11297690 2021-22 13118896 As per Udyam registration portal, the number of MSMEs which are incorporated…

Unique Scientific Exercise Ministry of MSME, through Khadi and Village Industries Commission (KVIC), has launched a unique pilot project named “Project BOLD” (Bamboo Oasis on Lands in Drought) on 04.01.2021, from a tribal village Nichla Mandwa in Udaipur district of Rajasthan, which is an arid zone, to fulfil the combined national objectives of preventing land…

Plastic Industry As per UDYAM portal of this Ministry, there are about 1.3 lakh Micro, Small and Medium Enterprises (MSMEs)  registered and engaged in the plastic industry in the country as on date, which have employed about 16.5 lakh people. Ministry of Micro, Small & Medium Enterprises has done several consultations with the Plastic Industries…

Sustainable Business Model Ministry of Micro, Small and Medium Enterprises (MSME) is implementing MSME Champions scheme. The objective is to modernize MSMEs’ manufacturing processes, reduce wastages, encourage innovativeness, sharpen business competitiveness and facilitate their National and Global reach and excellence.  Various financial incentives are being provided to MSMEs under the scheme. There are 3 components…