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Industries-SSIs Current Policies-SSIs
Last polices n recommendations
Sectors lacking
Point of view
GDP contribution
Five year plan: An overview
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Micro, Small and Medium Enterprises
(MSME)
Micro, Small and Medium Enterprises (MSME) sector has
emerged as a highly vibrant and dynamic sector of the Indian
economy over the last five decades.
MSMEs not only play crucial role in providing large employment
opportunities at comparatively lower capital cost than large
industries but also help in industrialization of rural & backward
areas,
Thereby, reducing regional imbalances, assuring more equitable
distribution of national income and wealth.
MSMEs are complementary to large industries as small units
and this sector contributes enormously to the socioeconomic
development of the country.
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Khadi and Village Industries (KVI) are two national heritages
of India. One of the most significant aspects of KVI in Indian
economy is that it creates employment at a very low per
capita investment. The KVI Sector not only serves the basic
needs of processed goods of the vast rural sector of thecountry
Coir Industry is an agro-based traditional industry, It is an
export oriented industry and having greater potential to
enhance exports by value addition through technologicalinterventions and diversified products like Coir Geotextiles
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The role of the MSME and its organizations is to assist the States in theirefforts to encourage entrepreneurship, employment and livelihoodopportunities and enhance the competitiveness of MSMEs in thechanged economic scenario.
The schemes/undertaken by the Ministry and its organizations seek toprovide opportunity:
Adequate flow of credit from financial institutions/banks
Support for technology up-gradation and modernization;
Integrated infrastructural facilities
Modern testing facilities and quality certification
Access to modern management practices
Entrepreneurship development and skill up-gradation through appropriatetraining facilities
Support for product development, design intervention and packaging;
Welfare of artisans and workers
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POLICY INITIATIVES
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IMPLEMENTATION OF MICRO,SMALL AND MEDIUM ENTERPRISES,
DEVELOPMENT (MSMED) ACT, 2006
The MSME Development Act 2006 came into effect on 2nd October 2006.
Subsequently both the Central and State Governments have taken
effective steps towards implementation of the Act.
Notification for Authority for receiving Memoranda for Micro and Small
Enterprises (MSEs)
Notification of Rules of MSE-Facilitation Council (MSEFC)
Notification of Constitution of Micro and Small Enterprises Facilitation
Council (MSEFC)
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Reservation/De-reservation of products for manufacture in the
micro and small enterprise sector
The Policy of Reservation of Products for Exclusive Manufacture
in SSI (now MSEs) was initiated in 1967.
Objective of achieving socio-economic development, through
development and promotion of small units all over the country.
This was expected to result in countering the challenges of
regional industrial imbalances, employment generation
through self-employment ventures, increased productivity, etc.
MSEs are being encouraged to modernize and enhance their
competitiveness for facing the challenges arising out of
liberalization and globalization of the economy.
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Rajiv Gandhi Udyami Mitra Yojana
The objective of Rajiv Gandhi Udyami Mitra Yojana (RGUMY) is to provide
handholding support and assistance to the potential first.
Generation entrepreneurs, who have already successfully completed
Entrepreneurship Development Training Programmeme (EDP)/ Skill
Development Training Programmeme (SDP)
An Udyami Helpline (a Call Centre for MSMEs) with a toll free No. 1800-
180-6763 is functioning under the Scheme which provides information,
support, guidance and assistance to first generation entrepreneurs.
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