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The statistics provided by the annual reports of Ministry of Small and Medium Enterprises (MSME) shows a rise in the plan amount spent on the khadi sector from ₹1942.7 million to ₹14540 million, and non-plan amounts from ₹437 million to ₹2291 million, in the period from 1994–95 to 2014–15. The interest subsidies to khadi ...
Schemes can also be categorised as flagship schemes. [10] 10 flagship schemes were allocated ₹ 1.5 lakh crore (equivalent to ₹ 1.7 trillion or US$19 billion in 2023) in the 2021 Union budget of India. [10] The subsidy for kerosene, started in the 1950s, was slowly decreased since 2009 and eliminated in 2022. [11] [12] [13]
National Small Industries Corporation Limited (NSIC) is a Mini Ratna government agency established by the Ministry of Micro, Small and Medium Enterprises, Government of India in 1955 [4] [5] It falls under Ministry of Micro, Small & Medium Enterprises of India.
India SME Asset Reconstruction Company Ltd. (ISARC) [19] for speedier resolution of Non-Performing Assets (NPA) in the MSME sector. SIDBI supports the Government of India in its initiatives and work as a nodal agency for some of the schemes related to development of MSMEs, such as Make in India and Startup India.
The Unified Pension Scheme (UPS), introduced by the Government of India in 2024 as an optional pension scheme along with the National Pension System (NPS) for the government employees, it aims to provide a comprehensive and centralised pension system for Central government employees. The scheme is designed to consolidate various existing ...
As of October 2023, over 2.81 crore MSMEs have registered under Udyam, including those migrated from the previous Udyog Aadhaar Memorandum (EAM) scheme. [6] As of July 31, 2024, the Udyam Registration Portal had registered 4.77 crore MSMEs, with 2.49 crore registrations in the fiscal year 2023-24.
Centrally Sponsored Schemes (CSS) are schemes that are implemented by state governments of India but are largely funded by the central government with a defined state government share. Examples of such schemes include the Mahatma Gandhi National Rural Employment Guarantee Act and the Pradhan Mantri Gram Sadak Yojana .
MSME-Champions is a technology-driven centralized control room, grievance management, and information platform launched by the Ministry of Micro, Small and Medium Enterprises (MSME) under Government of India. The Prime Minister of India, Narendra Modi launched the Champions portal on 9 May 2020.