The Indian economy is likely to emerge as one of the leading economies in the world, with an envisioned GDP of USD five trillion economy by 2024. Our vision is to ensure that at least a contribution worth USD two trillion come from MSME sector. To accomplish this, M/o MSME has taken many steps during the year for technology advancement, skill development and job creation for empowerment of MSMEs.
PRIME MINISTER’s EMPLOYMENT GENERATION PROGRAMME (PMEGP):
Under Prime Minister's Employment Generation Programme (PMEGP) 65,312 new micro enterprises have been set up and 5,22,496 Employment opportunities generated and a Margin money subsidy worth Rs. 1929.83 crore have been utilized.
PMEGP is a major credit-linked subsidy programme being implemented by the Ministry of MSME since 2008-09. The Scheme is aimed at generating self-employment opportunities through establishment of micro-enterprises in the non-farm sector by helping traditional artisans and unemployed youth in rural as well as urban areas.
CLUSTER DEVELOPMENT PROGRAMME:
Micro Small Enterprises - Cluster Development Programme (MSE-CDP):
i) 17 Common Facility Centres and 14 Infrastructure Development Projects have been commissioned.
ii) 24 Common Facility Centres and 25 Infrastructure Development Projects have been approved.
51 SFURTI (Scheme of Fund for Regeneration of Traditional Industries) Clusters approved earlier are completed and are functional. Further, 78 proposals of SFURTI Clusters have been approved by Scheme Steering Committee benefitting about 48608 artisans/workers during 01st January 2019 till date.
Solar Charkha Clusters:
The President of India, Ram Nath Kovind launched the Solar Charkha Mission on 27th June, 2018 at a function in New Delhi.
11 Detailed Project Reports (DPRs) of Solar Charkha Clusters have been approved by the Scheme Steering Committee during current financial year 2019-20.
CREDIT LINK CAPITAL SUBSIDY RE-LAUNCHED:
The Government approved for continuation of Credit Linked Capital Subsidy component under Credit Linked Capital Subsidy-Technology Upgradation Scheme (CLCS-TUS) in February 2019. The Credit Linked Capital Subsidy Component of the CLCS-TU Scheme was launched by Shri Nitin Gadkari, Union Minister for Micro, Small and Medium Enterprises on 05-09-2019 with the signing of MoUs between Office of DC (MSME) and Nodal Banks. During FY 2019-20, Rs. 338.01 Crore has been released.
Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE):
Under the CGTMSE, 5,46,127 credit facilities have been approved amounting to a guarantee of Rs. 33,381 crore.
TECHNOLOGY CENTRE SYSTEMS PROGRAMME (TCSP):
Ministry of MSME is implementing Technology Centre Systems Programme (TCSP) at an estimated cost of Rs. 2200 crore, including World Bank Loan assistance of USD 200 million, to establish 15 new Tool Rooms and Technology Development Centres (TCs) and upgrade the existing 18 TCs across the country. Four Technology Centres at Bhiwadi, Bhopal, Puddi and Tinsukia) are ready for commissioning.
Number of youth skilled through Technology Centres and other training Institutes of the Ministry: 3,59,361.
GeM- Government e-Marketplace:
Digital MSME: Organizations like Common Service Centres (CSC), Entrepreneurship Development Institute of India (EDII) on boarded for bringing MSMEs on digital platform and for providing them digital identity. Awareness programmes and workshops are being organized all over the country for MSME stakeholders and for bringing all MSME service providers on one platform.
Lean Manufacturing: Scheme under implementation in 267 Clusters of MSMEs throughout the country through Quality Council of India (QCI) and National Productivity Council (NPC). State Governments, Industry Associations have also been onboarded to take the scheme to more MSME clusters.
Incubation: Incubation centres have been approved for more than 200 Technical Institutions, Industry Associations, Social Enterprises. Innovative ideas having business proposals are being invited from them for funding support under the scheme. Seed capital upto Rs. 1 crore have been provided to start up entrepreneurs under the scheme.
Design Clinic: Design scheme opened for different technical institutions under Ministry of Human Resource Development (MHRD), Industry Associations, Social Enterprises, Self Help Groups working on providing design support to MSME entrepreneurs including rural and art based enterprises. More than 80 new Design centres opened at different locations in addition to 4 already being run though National Institute of Design (NID). All MSMEs and Students are being requested to submit their design projects for funding under the scheme.
Financial Support to MSMEs in Zero Defect Zero Effect (ZED) Certification Scheme: 23070 MSMEs have been registered under ZED scheme since inception. ZED parameters are being simplified to onboard more than one million MSMEs on ZED journey. All Industry Associations and technical institutions are being on boarded for wider access to the scheme.
Building Awareness on Intellectual Property Rights (IPR) Scheme: More than 60 new IP Facilitation Centres set up in different parts of the country to have one IP lawyer to assist MSMEs to apply for and register their trademarks and patents. FPOs to get support for applying for registration of GIs. Reimbursement being given for registration of different IPRs to MSMEs. More and more awareness being created for IP rights amongst MSMEs.
Procurement and Marketing Support: District Udyam Samaagams planned and approved for all 731 districts of the country. More than Rs. 80 crore sanctioned under PMS for organising trade fairs/ exhibitions/ awareness programmes/ seminars throughout the country through State Governments/Industry Associations/ Social Enterprises for more than 350 programmes.
Entrepreneurship Skill Development Programme (ESDP): More than Rs. 135 crore sanctioned under ESDP for organising different skill development programmes throughout the country through State Governments/Industry Associations/Social Enterprises/Government Corporations. Total 3000 programmes conducted/ sanctioned for this year.
U. K. Sinha Committee Recommendations:
RBI Expert Committee under Sri U. K. Sinha on Micro, Small and Medium Enterprises made 37 major recommendations. The concerned Ministries/Departments/Organisations/States have been requested to take follow up action on the actionable points relevant to them. To review implementation status of the recommendations of the Committee, a meeting of Committee of Secretaries (CoS) under the chairmanship of Cabinet Secretary was held on 31.10.2019.
SMEs AND INTERNATIONAL COOPERATION:
198 pre-arranged B2B meetings were conducted, 42 letters of intent were filed for possible future collaborations. 729 B2B trade connect forms were filed by Indian entrepreneurs. A total of 3015 requests for International B2B matching were received, for which an International SME Gateway is being planned. An MOU was signed between a Spanish company MCU Coatings and Indian company HiTech Engineers for technology transfer and setting up a plant in Puducherry with joint investment of US $10 million.
Popularising Khadi and Empowering Village Industries:
This decision of government will open a new chapter in the field of Khadi export. Earlier, Khadi did not have its exclusive HS code. As a result, all the data regarding export of this signature fabric used to come as a normal fabric under the textile head. Now, the Ministry will be able to keep a constant eye on the export figures which will accordingly help in planning the export strategies.