MSME Sector
Micro, Small & Medium Enterprises
Government of India, New Delhi 110011
www.msme.gov.in
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MSMEs in India
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Over 36 million Enterprises
8% share of GDP
45% share in manufacturing output
40% share in mercantile exports
Biggest Employer after Agriculture
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Vision
• Vibrant, competitive, innovative and resilient
MSMEs that realise the potential of rural and
urban India for
o Employment generation;
o Entrepreneurship and Skill Enhancement;
o Manufacturing;
o Wealth creation; and
o Social well-being
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Approach
• Active Engagement with Stakeholders
• Enhancing the Efficiency and Reach of
Development Programmes
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Important Initiatives
o Public Outreach:
o Interactive interfaces on Facebook and Twitter. 70% of the followers in
Facebook are in the 18 to 34 age group.
o Udyami Helpline has been set up (Toll Free 1800-180-6763)
o Interaction with stakeholders:
o with over 80 industry associations July 2014
o National Conference of Ministers and Secretaries of all States and UTs
August 2014.
o Interaction with Khadi stakeholders for structure of Marketing
Organisation June 2014 and July 2014 for Implementation of Khadi
reforms to make the Khadi sector competitive and sustainable
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Important Initiatives (…contd.)
o E-Governance initiatives
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Virtual Cluster (www.msmsecluster.in) for Industry-Academia Linkages. So far 86 Domain
experts, 125 academic institutions and 18,341 MSME enterprises have registered onto the
platform.
Employment Facilitation Portal (www.niesbudnaukri.com) set up by NIESBUD was launched
by the Minister ( MSME) on 11th July, 2014. So far 10134 youth seeking jobs and 179
employers have been registered.
National Portal for online filing of EM-I and EM-II prepared. States are being encouraged to
adopt National Portal and share the database for decision support system
B2C web portal of NSIC was launched by the Minister (MSME) on 31st July, 2014. This portal
will market MSME products exclusively to boost export, help manufacturing and supply of
machines etc.
e-Office initiative has been introduced to achieve paperless office in the Ministry.
ISO 9001: 2008 quality standards for the entire Ministry - certification is expected in 4-6
weeks.
Bio-metric Attendance System for all employees of the Ministry was started w.e.f. 20th
August, 2014.
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Important Initiatives (…contd.)
New Programmes
 Revamping of SFURTI: Scheme of Fund for Regeneration of Traditional
Industries (SFURTI) notified to be taken up in 71 village Industry Clusters
 A special component under Khadi Reforms Development Programme to
support 100 Khadi And Village Institutions in the Border, Hill and Left
Wing Extremism affected areas has been sanctioned at a cost of Rs.76
crore.
 Revamped Scheme for Rejuvenation, Modernisation and Technology
Upgradation of coir industry (REMOT): with credit linked
entrepreneurship promotion for Coir Sector
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Important Initiatives (…contd.)
New Programmes (contd)
• Software for Online Registration of MSMEs with DICs
 Employment Linked Skill Enhancement Programme on PPP Basis (with
Samsung)
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Important Initiatives (…contd.)
Programme Implementation
Significantly improved when compared to the previous years
 Prime Minister Employment Generation Programme (PMEGP): the
number of applications processed has almost doubled and disbursement
have also increased considerably.
 Programmes for training, capacity building and entrepreneurship
development have been given a fillip and about 1,24,000 youth have been
trained.
 Seven schemes have been simplified with the introduction of online
submission of application forms. We hope to continue with these efforts in
the coming months.
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Budget announcements
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Rs 10000 Cr Venture Capital Fund for Startups. The Ministry has been working
closely with the Department of Financial Services to set up a framework for the
operationalization of this fund which we hope to complete by the end of
September.
We have also proposed to the Ministry of Finance the composition of the
Committee on the financial architecture for MSMEs.
Consultations with different Ministries and Departments namely, Ministries of
Food Processing Industries, Textiles, Science & Technology, Rural Development, Bio
Technology, Agriculture and Department of Electronics and Information
Technology to operationalize a Rs.200 crore Fund for Technology Centre Network,
Innovation, Entrepreneurship and Agro Industries has been held and the Scheme
is under formulation.
Definition of MSME/ MSME Policy : Discussion Paper Prepared
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Thank You
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