YEAR END REVIEW- 2019: MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES
Dec. 25, 2019
Ministry Of Micro, Small And Medium Enterprises (MSME) has taken many steps during the year for technology advancement, skill development and job creation for empowerment of MSMEs.
About:
Under Prime Minister’s Employment Generation Programme (PMEGP), 65,312 new micro enterprises have been set up. PMEGP is a major credit-linked subsidy programme being implemented by the Ministry of MSME since 2008-09.
51 SFURTI (Scheme of Fund for Regeneration of Traditional Industries) Clusters approved earlier are completed and are functional.
The President of India, Ram Nath Kovind launched the Solar Charkha Mission in 2018. 11 Detailed Project Reports (DPRs) of Solar Charkha Clusters have been approved by the Scheme Steering Committee during current financial year 2019-20.
The Government approved for continuation of Credit Linked Capital Subsidy component under Credit Linked Capital Subsidy-Technology Upgradation Scheme (CLCS-TUS) in February 2019.
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)
RBI Expert Committee under U. K. Sinha on Micro, Small and Medium Enterprises made 37 major recommendations.
Khadi has got unique HS code issued by the central government on 4th Nov’19 to categorize its products in export.
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