Growth of Medium and Small Entrepreneurs

Ministry of Micro,Small & Medium Enterprises

The Ministry of Micro Small and Medium Enterprises (MSME) implements various schemes and programmes for the growth and development of MSME Sector in the country. These schemes and programmes include Prime Minister’s Employment Generation programme (PMEGP), Scheme of Fund for Regeneration of Traditional Industries (SFURTI), A Scheme for Promoting innovation, Rural Industry & Entrepreneurship (ASPIRE), Interest Subvention Scheme for Incremental Credit to MSMEs, Credit Guarantee Scheme for Micro and Small Enterprises (CGTMSE), Micro and Small Enterprises Cluster Development Programme (MSE-CDP), Credit Linked Capital Subsidy  and Technology Upgradation Scheme (CLCS-TUS).

The details of funds allocated under various schemes/programmes of the Ministry (during the current financial year 2019-20) are given below:

S. No.Scheme/ ProgrammeAllocation(in Rs. Crore)
1.A Scheme for Promoting innovation, Rural Industry & Entrepreneurship (ASPIRE)50.00
2.Scheme of Fund for Regeneration of Traditional Industries (SFURTI)125.00
3.Prime Minister’s Employment Generation programme (PMEGP)2327.10
4.Credit Guarantee Scheme for Micro and Small Enterprises (CGTMSE)597.00
5.Credit Linked Capital Subsidy  and Technology Upgradation Scheme (CLCS-TUS)755.78
6.Interest Subvention Scheme for Incremental Credit to MSMEs350.00
7.Cluster Development Programme for MSEs227.90
8.Tool Rooms & Technology Institutions118.10

This information was given by Shri Nitin Gadkari, Union Minister for Micro, Small and Medium Enterprises in written reply to a question in Lok Sabha today.


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